| Endogenous variable: LogGDP |
|
|
|
| Variables | Coefficient | Std. Dev |
|
| L1 | 0.889 | 0.277 | 0.000 |
| FDI | −0.039 | 0.016 | 0.016 |
| Log GFCF | 0.138 | 0.040 | 0.001 |
| Log L | −0.043 | 0.039 | 0.279 |
| Corruption | −0.213 | 0.082 | 0.009 |
| Government effectiveness | −0.120 | 0.066 | 0.068 |
| Political instability | −0.030 | 0.032 | 0.342 |
| Regulatory quality. | 0.177 | 0.084 | 0.035 |
| Rule of law | 0.620 | 0.093 | 0.507 |
| voice and accountability | 0.200 | 0.075 | 0.008 |
| Cons | 3.513 | 0.926 | 0.000 |