Infant Mortality Rate (Dependent variable) | System Gmm | Within Group | Ordinary Least Squares |
Lagged infant mortality rate | 1.00*** (0.000) | 0.966*** (0.000) | 0.993*** (0.000) |
Aid as a ratio of GNI | 0.008 (0.489) | 0.001 (0.222) | 0001 (0.371 |
Aid * institutional quality | −0.003 (0.491) | 0.000 (0.183) | −0.000 (0.308) |
Private consumption | 0.012 (0.361 | −0.015 (0.470) | 0.015*** (0.003) |
IMF | 0.001 (0.578) | −0.0001 (0.833) | 0.001 (0.455) |
Financial development | 0.004 (0.301) | 0.004 (0.558) | 0.001*** (0.001) |
Population growth | −0.023 (0.159) | −0.007*** (0.002) | −0.013*** (0.000) |
Constant | −0.196* (0.041) | 0.081 (0.769) | −0.126*** (0.001) |
Sargan test | (0.000)*** | sigma_u (0.023) | R-squared = 0.998 |
Hansen Test | (0.126) |
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Arellano Bond AR (1) Test | (0.263) | Sigma (0.012) | Adj R-squared = 0.998 |
Arellano Bond AR (1) Test | (0.464) | Rho (0.780) | Root MSE = 0.0143 |