Variable

Parameter

Pr > χ2

Parameter

Pr > χ2

Parameter

Pr > χ2

Intercept

11.786

0.427

9.743

0.692

2.171

0.911

Eco_stage

−4.724

0.072

−4.637

0.098

GDP_PPP

0.000

0.608

0.000

0.573

Institutions

−0.158

0.002

−0.198

0.013

−0.152

0.006

Press_freedom

0.020

0.560

−0.004

0.944

0.013

0.710

ELF

12.140

0.003

4.338

0.490

11.722

0.006

HDI

0.021

0.775

0.072

0.637

−0.034

0.754

R-squared

0.4934

0.2134

0.497

N

33

45

33