Variables

Coefficients

(two ways fixed effect)

Coefficients

(no time fixed effect)

C

−177.95450***

−47.52627***

lnGDP

11.56300***

3.635699***

RGDPG

−0.049434**

−0.025207

TROPN

0.008292

0.007275

FORAIDS

−6.53E-10**

−6.53E-10**

NATRES

−0.073002**

−0.033008

ECOSTAB

0.040989***

0.028819***

POLSTAB

−0.333901**

−0.277575**

lnWAGE

9.226611***

1.949635

CREDPRIV

−0.077747***

−0.051719**

BUSENV

−0.000958

−0.014306

DUMMYPRES

−0.627491**

−0.879148***

R-squared

0.827270

0.786957

Adjusted R-squared

0.7769970

0.762217