| (1) | (2) | (3) |
Variables | Corruption | Law | Competitiveness |
egovernment | 0.248 | −0.698** | 0.469*** |
| (0.169) | (0.280) | (0.159) |
pubinternet | 0.003** | 0.001 | 0.003** |
| (0.002) | (0.001) | (0.001) |
ictbusiness | −0.004 | 0.007** | 0.003 |
| (0.004) | (0.003) | (0.004) |
lngdp | 0.310** | 0.288** | 0.255*** |
| (0.129) | (0.130) | (0.077) |
expense | 0.004 | 0.006* | −0.005** |
| (0.003) | (0.003) | (0.002) |
lnoutfdi | 0.012 | 0.003 | −0.002 |
| (0.013) | (0.014) | (0.007) |
Constant | −2.537 | −2.102 | 1.711** |
| (1.490) | (1.315) | (0.813) |
Observations | 192 | 192 | 161 |
R-squared | 0.234 | 0.185 | 0.507 |
Hausman Test | 45.52 | - | - |
Number of Country Code | 23 | 23 | 23 |