OLS

FE

DOLS

FMOLS

GDP per capita

1.141*

(24.272)

0.585*

(6.59)

0.192

(0.843)

0.520*

(3.617)

Remittances

0.066*

(3.674)

0.012

(0.64)

−0.032

(−0.603)

0.007

(0.210)

Trade

−0.088

(−1.559)

0.278*

(3.82)

−0.049

(−0.265)

0.328*

(2.860)

Inflation

−0.006*

(−2.504)

−0.007*

(−4.26)

−0.007

(−1.533)

−0.011*

(−4.320)

Urbanization

−0.876*

(−9.769)

−0.440*

(−2.74)

0.716

(1.391)

−0.358

(−1.372)