Governance and Institutions factor | Coefficient | Std. Error | t value | Pr (>|t|) |
Intercept | 9.4169 | 1.4446 | 6.519 | 4.81e−09*** |
Political stability index (PS) | 3.5547 | 0.5865 | 6.061 | 3.59e−08*** |
Regulatory quality index (RQ) | −4.3879 | 1.364 | −3.217 | 0.00183** |
R | R2 | p-value | ||
0.3309 | 0.315 | 3.83E−08 |