Model | Tertiary | Secondary | Primary | TER_HEA | SEC_HEA | PRI_HEA |
| (1) | (2) | (3) | (4) | (5) | (6) |
Lagged GDP per capita | 0.6369*** | 0.6624*** | 0.7831*** | 0.6369*** | 0.6566*** | 0.7842*** |
(0.0571) | (0.0674) | (0.0360) | (0.0540) | (0.0683) | (0.0363) | |
Inflation | 0.0006 | 0.0006 | −0.0002 | 0.0005 | 0.0006 | −0.0002 |
(0.0004) | (0.0007) | (0.0004) | (0.0004) | (0.0007) | (0.0004) | |
FDI Inflows | 0.0023 | −0.0275*** | −0.0117* | 0.0021 | −0.0285*** | −0.0120* |
(0.0076) | (0.0079) | (0.0064) | (0.0079) | (0.0084) | (0.0066) | |
Private Domestic Investment | 0.1240*** | 0.0988*** | 0.1063*** | 0.1236*** | 0.0983** | 0.1060*** |
(0.0415) | (0.0383) | (0.0323) | (0.0417) | (0.0385) | (0.0322) | |
Population Growth | −0.0052 | −0.0298* | −0.0276* | −0.0040 | −0.0305* | −0.0279* |
(0.0096) | (0.0161) | (0.0150) | (0.0094) | (0.0163) | (0.0152) | |
Openness | −0.1273 | −0.2478* | −0.1182 | −0.1273 | −0.2415 | −0.1187 |
(0.0946) | (0.1458) | (0.1020) | (0.0928) | (0.1474) | (0.1024) | |
Health Expenditure | −0.0584 | 0.0471 | −0.0015 | −0.0935 | −0.2173 | −0.3025 |
(0.0965) | (0.1108) | (0.0823) | (0.0965) | (0.4518) | (0.9678) | |
Tertiary Enrolment | 0.1434*** | 0.0839 | ||||
(0.0486) | (0.1308) | |||||
Secondary Enrolment | 0.4156*** | 0.2796 | ||||
(0.1511) | (0.2615) | |||||
Primary Enrolment | 0.2914** | 0.1901 | ||||
(0.1382) | (0.3849) | |||||
Tertiary × Health | 0.0378 | |||||
(0.0816) | ||||||
Secondary × Health | 0.0815 | |||||
(0.1383) | ||||||
Primary × Health | 0.0648 | |||||
(0.2120) | ||||||
Observations | 206 | 227 | 343 | 206 | 227 | 343 |
Countries | 32 | 31 | 35 | 32 | 31 | 35 |
First order serial correlation (p-value) | 0.0095 | 0.0169 | 0.0072 | 0.0095 | 0.0146 | 0.0075 |
Second order serial correlation (p-value) | 0.9108 | 0.3035 | 0.4997 | 0.8284 | 0.2158 | 0.5089 |