Variables

Inverse χ 2

Inverse Normal

Inverse Logit t

Modified inv. χ 2

Statistic

Prob.

Statistic

Prob.

Statistic

Prob.

Statistic

Prob.

Lagged GDP

195.1923

0.000

−6.101

0.000

−5.716

0.000

5.377

0.000

Inflation

758.787

0.000

−20.861

0.000

−27.933

0.000

43.741

0.000

FDI Inflows

460.694

0.000

−14.574

0.000

−16.526

0.000

22.960

0.000

Private Domestic Investment

304.221

0.000

−10.479

0.000

−11.437

0.000

15.332

0.000

Population Growth

1090.973

0.000

−26.667

0.000

−39.474

0.000

64.702

0.000

Openness

297.808

0.000

−9.499

0.000

−9.669

0.000

12.173

0.000

Primary Enrolment

330.581

0.000

−11.311

0.000

−12.041

0.000

15.711

0.000

Secondary Enrolment

164.785

0.000

−5.177

0.000

−5.426

0.000

6.703

0.000

Tertiary Enrolment

160.743

0.000

−5.424

0.000

−5.799

0.000

7.951

0.000

Health Expenditure

356.968

0.000

−12.323

0.000

−12.664

0.000

16.091

0.000

Mean Years of Schooling

383.582

0.000

−11.441

0.000

−13.034

0.000

17.854

0.000