Variables

1

2

3

4

5

6

7

8

9

GDPpc

0.1058***

(0.0122)

-

-

-

-

-

-

0.0278**

(0.0137)

0.0002

(0.0155)

QE

-

3.2599***

(0.4964)

-

-

-

-

-

1.7980***

(0.5105)

1.1678**

(0.5936)

Debt

-

-

0.0051

(0.0075)

-

-

-

-

0.0109*

(0.0062)

0.0126**

(0.0063)

Curacbal

-

-

-

0.0171

(0.0267)

-

-

-

−0.0502**

(0.0236)

−0.0448*

(0.0237)

Trade

-

-

-

-

0.0349***

(0.0038)

-

-

0.01154***

(0.0105)

0.0070*

(0.0040)

Totrev

-

-

-

-

-

0.0768***

(0.0119)

-

0.0609***

(0.0123)

0.0587***

(0.0134)

Unem

-

-

-

-

-

-

−0.0418

(0.0402)

−0.0757**

(0.0355)

−0.0679*

(0.0357)

Popageing

-

-

-

-

-

-

-

-

0.1531***

(0.0461)

Polid

-

-

-

-

-

-

-

-

−0.1129

(0.1767)

Polstab

-

-

-

-

-

-

-

-

0.0049

(0.0102)

C

3.0702***

(0.2929)

3.2858***

(0.2842)

3.7852***

(0.4703)

4.0976***

(0.2525)

1.0927***

(0.4160)

1.8398***

(0.4220)

4.3796***

(0.3962)

0.1580

(0.6087)

−0.0590

(0.6329)

R W 2

0.2848

0.2341

0.0028

0.0029

0.3329

0.2384

0.0084

0.4743

0.4845