Dep: GDP growth

(13)

Control of

corruption (Concor)

(14)

Government

effectiveness (Goveff)

(15)

Political stability (Politic)

(16)

Regulatory quality (Requa)

(17)

Rule of Law (Rulelaw)

(18)

Voice & Accountability (Voice)

L1. GDPg

0.2360***

[0.0430]

0.2422***

[0.0431]

0.2376***

[0.0432]

0.2402***

[0.0440]

0.2379***

[0.0425]

0.2431***

[0.0418]

Loggdppc

−0.4659***

[0.1185]

−0.4672***

[0.1147]

−0.4491***

[0.1169]

−0.4779***

[0.1256]

−0.4602***

[0.1114]

−0.4414***

[0.0972]

Capg

0.2514***

[0.0085]

0.2514***

[0.0083]

0.2485***

[0.0091]

0.2494***

[0.0087]

0.2506***

[0.0087]

0.2442***

[0.0103]

Tech

0.2877***

[0.0436]

0.2853***

[0.0412]

0.3006***

[0.0479]

0.2985***

[0.0429]

0.2914***

[0.0427]

0.3171***

[0.0403]

Humcap

0.0831

[0.1956]

0.0586

[0.1850]

0.0536

[0.1965]

0.0618

[0.1992]

0.0398

[0.1865]

0.0170

[0.1622]

Popg

0.3983***

[0.1098]

0.3945***

[0.1078]

0.4362***

[0.1029]

0.4119***

[0.1043]

0.4002***

[0.1077]

0.3650***

[0.1296]

FDI

0.0597

[0.0356]

0.0503

[0.0340]

0.0669*

[0.0358]

0.0612*

[0.0342]

0.0586

[0.0362]

0.0858**

[0.0352]

Trade

0.5929***

[0.0976]

0.6256***

[0.0931]

0.5548***

[0.1001]

0.6089***

[0.0972]

0.6133***

[0.0953]

0.5240***

[0.0947]