(1)

(2)

(3)

(4)

(5)

(6)

gf

0.0891

0.105*

0.0916*

0.154***

0.140**

0.132**

(0.0562)

(0.0538)

(0.0538)

(0.0524)

(0.0579)

(0.0662)

pgdp

−0.525***

−0.532***

−1.027***

−1.205***

(0.131)

(0.130)

(0.164)

(0.256)

iiem

1.729*

1.195

(0.933)

(0.884)

gov

21.08***

12.61**

25.74***

(4.661)

(5.214)

(6.531)

urir

4.062***

(1.417)

pce

0.121

(0.146)

_cons

4.840***

5.341***

5.372***

5.233***

3.111***

5.284***

(0.176)

(0.210)

(0.209)

(0.198)

(0.614)

(0.219)

N

150

150

150

150

150

150

R²

0.017

0.113

0.133

0.240

0.071

0.235