Political stability |
|
| −25.50482 (−1.12) |
|
|
|
|
|
|
|
|
Corporate income tax rate |
|
|
| 2.862345*** (3.19) |
|
|
|
|
|
|
|
Ease of doing business |
|
|
|
| −2.035551* (−1.71) |
|
|
|
|
|
|
Corruption |
|
|
|
|
| −1.14754 (−0.85) |
|
|
|
|
|
Labor unions |
|
|
|
|
|
| 0.3499813 (0.73) |
|
|
|
|
Pensioners |
|
|
|
|
|
|
| −148.5361 (−0.75) |
|
|
|
Pensions as % of GDP |
|
|
|
|
|
|
|
| 5.670439*** (2.93) |
|
|
Profit tax |
|
|
|
|
|
|
|
|
| 1.038297* (1.81) |
|
Unemployment |
|
|
|
|
|
|
|
|
|
| 0.3181745 (0.15) |
Constant | 31.86698 (1.47) | 95.89791*** (10.45) | 81.77793*** (4.41) | −13.36755 (−0.55) | 213.592** (2.41) | 89.49843*** (2.76) | 55.36742*** (3.84) | 100.3165* (1.97) | 13.71019 (0.75) | 14.11287 (0.615) | 59.62675*** (2.85) |
Observations | 19 | 19 | 19 | 19 | 19 | 19 | 18 | 19 | 18 | 19 | 19 |
Adjusted R-squared | 0.0631 | 0.4952 | 0.0141 | 0.3382 | 0.0962 | −0.0154 | −0.0279 | −0.0249 | 0.3092 | 0.1121 | −0.0575 |