(1)

(2)

(3)

Variables

Corruption

Law

Competitiveness

egovernment

0.204

−0.572**

0.442**

(0.189)

(0.269)

(0.169)

pubinternet

0.003**

0.000

0.003**

(0.001)

(0.001)

(0.001)

ictbusiness

−0.005*

0.004

0.002

(0.003)

(0.003)

(0.003)

lngdp

0.258*

0.257*

0.222***

(0.133)

(0.149)

(0.058)

expense

0.005

0.007**

−0.006***

(0.003)

(0.003)

(0.002)

Constant

−1.628

−1.580

2.140***

(1.569)

(1.541)

(0.607)

Observations

242

242

198

R-squared

0.160

0.138

0.468

Hausman Test

81.96***

17.92***

12.60**

Number of Country Code

23

23

23