Model | TER | SEC | PRI | TER_HEA | SEC_HEA | PRI_HEA |
(1) | (2) | (3) | (4) | (5) | (6) | |
Lagged GDP per capita | 0.6459*** | 0.7000*** | 0.7622*** | 0.6494*** | 0.7032*** | 0.7620*** |
(0.0774) | (0.0390) | (0.0363) | (0.0771) | (0.0397) | (0.0405) | |
Inflation | −0.0012 | −0.0017** | −0.0003** | −0.0012 | −0.0025** | −0.0015 |
(0.0028) | (0.0008) | (0.0001) | (0.0028) | (0.0011) | (0.0014) | |
Population growth | 0.0483 | 0.0121 | 0.0077 | 0.0468 | 0.0141 | 0.0093 |
(0.0466) | (0.0171) | (0.0111) | (0.0471) | (0.0180) | (0.0115) | |
FDI Inflows | 0.0117 | 0.0061 | −0.0028 | 0.0109 | 0.0062 | −0.0007 |
(0.0089) | (0.0104) | (0.0101) | (0.0089) | (0.0104) | (0.0096) | |
Private domestic investment | 0.0730*** | 0.1023*** | 0.0904** | 0.0757*** | 0.1006*** | 0.0880** |
(0.0249) | (0.0378) | (0.0368) | (0.0235) | (0.0348) | (0.0356) | |
Openness | −0.0179 | −0.2322** | −0.0170 | −0.0210 | −0.2159** | −0.0050 |
(0.0584) | (0.1085) | (0.0887) | (0.0564) | (0.1035) | (0.0898) | |
Health expenditure | −0.0083 | 0.0013 | 0.1072 | −0.0101 | −0.0102 | 0.1038 |
(0.0982) | (0.0763) | (0.0909) | (0.0957) | (0.0792) | (0.0887) | |
Tertiary Enrolment (5 lags) | 0.1118** | 0.1526* | ||||
(0.0477) | (0.0842) | |||||
Secondary Enrolment (5 lags) | 0.2403*** | 0.2039** | ||||
(0.0653) | (0.0817) | |||||
Primary Enrolment (5 lags) | 0.1315 | 0.1196 | ||||
(0.1112) | (0.1029) | |||||
Tertiary × Health (5 lags) | −0.0224 | |||||
(0.0370) | ||||||
Secondary × Health (5 lags) | 0.0060 | |||||
(0.0185) | ||||||
Primary × Health (5 lags) | 0.0033 | |||||
(0.0102) | ||||||
Observations | 149 | 184 | 280 | 149 | 182 | 277 |
Countries | 30 | 32 | 35 | 30 | 31 | 34 |