Independent Variables |
|
|
|
|
|
|
|
|
|
|
|
|
Competitiveness index | −8.594352 (−0.46) |
|
|
|
|
|
|
|
|
|
|
|
Labor cost |
| 0.0018862 (0.21) |
|
|
|
|
|
|
|
|
|
|
Political stability |
|
| 171.8878 (0.72) |
|
|
|
|
|
|
|
|
|
Corporate income tax rate |
|
|
| 11.43574 (0.61) |
|
|
|
|
|
|
|
|
Ease of doing business |
|
|
|
| 6.582998 (0.30) |
|
|
|
|
|
|
|
Corruption |
|
|
|
|
| 5.696052 (0.25) |
|
|
|
|
|
|
Labor unions |
|
|
|
|
|
| 1.0808 (0.13) |
|
|
|
|
|
Pensioners |
|
|
|
|
|
|
| 1456.697 (0.43) |
|
|
|
|
Unemployment |
|
|
|
|
|
|
|
| −43.68155 (−1.28) |
|
|
|
Pensions as % of GDP |
|
|
|
|
|
|
|
|
| −13.06367 (−0.32) |
|
|
Profit tax |
|
|
|
|
|
|
|
|
|
| 4.129604 (0.40) |
|
Public debt |
|
|
|
|
|
|
|
|
|
|
| −2.565772 (−0.66) |
Constant | 1202.968 (0.66) | 331.4978 (1.34) | 249.6036 (1.27) | 73.77035 (0.14) | −111.7188 (−0.07) | 242.9109 (0.44) | 368.9458 (1.45) | 6.079558 (0.01) | 762.5295 (2.32) | 514.6349 (1.31) | 173.1642 (0.35) | 523.1303 (1.97) |
Observations | 20 | 19 | 20 | 19 | 19 | 19 | 18 | 19 | 20 | 18 | 20 | 20 |