39
Model 5
Dependent Variable Capital Liberalization Index
Linear regression, correlated panels corrected standard errors (PCSEs)
Number of obs
=
272
R-squared
=
0.9056
------------------------------------------------------------------------------
|
Panel-corrected
|
Coef.
Std. Err.
z
P>|z|
[95% Conf. Interval]
-------------+----------------------------------------------------------------
popularl |
.0223986
.0193744
1.16
0.248
-.0155745
.0603717
polity |
.0010284
.0010576
0.97
0.331
-.0010445
.0031013
igovrlc |
.0014468
.0114634
0.13
0.900
-.0210211
.0239147
popXigov |
-.0459741
.0224167
-2.05
0.040
-.08991
-.0020383
inflatio |
.0000217
4.32e-06
5.02
0.000
.0000132
.0000301
gdp_grow |
.0021241
.0009412
2.26
0.024
.0002794
.0039688
gdp |
2.15e-13
1.25e-13
1.72
0.085
-3.00e-14
4.61e-13
trade |
-.0006453
.0004098
-1.57
0.115
-.0014486
.0001579
debt_ser |
-.0007095
.0002919
-2.43
0.015
-.0012816
-.0001374
lagcap |
.8761793
.0429863
20.38
0.000
.7919277
.9604309
------------------------------------------------------------------------------
Model 6
Dependent Variable Financial Reform Index
Linear regression, correlated panels corrected standard errors (PCSEs)
Number of obs
=
272
R-squared
=
0.8520
------------------------------------------------------------------------------
|
Panel-corrected
|
Coef.
Std. Err.
z
P>|z|
[95% Conf. Interval]
-------------+----------------------------------------------------------------
popularl |
-.0020457
.0269308
-0.08
0.939
-.0548292
.0507377
polity |
.003663
.0016611
2.21
0.027
.0004074
.0069186
igovrlc |
.004278
.03676
0.12
0.907
-.0677703
.0763264
popXigov |
-.0011776
.0438832
-0.03
0.979
-.087187
.0848319
inflatio |
-1.08e-06
.0000101
-0.11
0.915
-.0000209
.0000188
gdp_grow |
.0013751
.0012961
1.06
0.289
-.0011652
.0039155
gdp |
-8.86e-14
2.11e-13
-0.42
0.674
-5.02e-13
3.25e-13
trade |
.0001302
.0007678
0.17
0.865
-.0013746
.001635
debt_ser |
-.0010229
.000538
-1.90
0.057
-.0020775
.0000316
lagfin |
.867859
.0522653
16.60
0.000
.7654208
.9702972
------------------------------------------------------------------------------