AID × INSTITUTIONAL QUALITY

−0.058

−0.085

−0.091*

−0.142***

−0.128

−0.095

−0.084

−0.107

−0.061

−0.085

(0.058)

(0.065)

(0.051)

(0.053)

(0.119)

(0.126)

(0.070)

(0.072)

(0.060)

(0.065)

M2GDP_t−1

−0.019

−0.011

−0.007

0.006

0.064

0.119

−0.014

−0.032

−0.023

−0.011

(0.041)

(0.030)

(0.043)

(0.045)

(0.143)

(0.167)\

(0.083)

(0.080)

(0.039)

(0.030)

F/Wald Statistics

3.29

3.5

3.57

2.04

0.97

1.05

1.19

1.6

34.11

66.59

Prob > F

0.0004

0.0000

0.0010

0.0107

0.4732

0.4183

0.3090

0.0751

0.0002

0.0000

R-squared

0.2061

0.2973

0.1609

0.2140

0.1977

0.2898

0.1652

0.2262

0.2015

0.2973

Partial R² of first-stage regressions

-

-

0.9696

0.7895

-

-

-

-

-

-