(1)

(2)

(3)

VARIABLES

Primary education

completion rate

Primary education completion rate

Primary education completion rate

Political stability

0.088*** (0.014)

0.0714*** (0.023)

Control of corruption

0.078*** (0.013)

0.023 (0.021)

GDP

4.13e−12 (2.13e−12)

2.84e−12 (1.87e−12)

3.64e−12 (2.13e−12)

FDI

5.86e−11 (7.03e−11)

−7.43e−13 (6.43e−11)

3.25e−11 (7.12e−11)

Year fixed effect

Yes**

Yes**

Yes**

Constant

0.856*** (1.592)

0.856*** (1.602)

0.858*** (1.548)

Observations

533

533

533

R-squared

0.530

0.240

0.241