Variables | 1 | 2 | 3 | 4 |
Sector Aid On HDIs | Programme Aid on HDIs | Sector aid on Infant mortality | Programme Aid on infant mortality | |
Lagged HDI | 0.712*** (0.000) | 00.864*** (0.001) |
|
|
Lagged infant mortality rate |
|
| 0.989*** (0.000) | 0.995*** (0.000) |
Sector AID as % of GNI | 0.060** (0.043) |
| 0.042 (0.411) |
|
Programme AID as a % GNI |
| −0.001 (0.975) |
| 0.023 (0.727 |
Sector Aid * institutional quality | 0.019*** (0.004) |
| −0.013 (0.384) |
|
Programme Aid * institutional quality |
| 0.001 (0.657) |
| −0.008 (0.752) |
Private consumption | −0.587** (0.002) | −0.337 (0.378) | 0.021 (0.478) | 0.012 (0.561) |
IMF | 0.038 (0.162) | 0.004 (0.905) | −0.004 (0.622) | −0.000 (0.950) |
Financial development | −0.037* (0.047) | −0.020 (0.346) | 0.005 (0.435) | 0.002 (0.622) |
Population growth | −0.005 (0.866) | 0.002 (0.979) | −0.034 (0.191) | −0.016 (0.113) |
Constant | 4.826*** (0.001 ) | 2.767 (0.370) | −0.146 (0.485) | −0.102 (0.406) |
Sargan test | (0.180) | (0.002)*** | (0.107) | (0.040)* |
Hansen Test | (0.304) | (0.078)* | (0.705) | (0.404) |
Arellano Bond AR (1) Test | (0.054)* | (0.139) | (0.261) | (0.220) |
Arellano Bond AR (2) Test | (0.068)* | (0.095)* | (0.377) | (0.518) |