Variable

Parameter

Pr > χ2

Parameter

Pr > χ2

Parameter

Pr > χ2

Intercept

−3.093

0.960

20.977

0.696

15.535

0.842

Eco_stage

−3.949

0.717

−2.763

0.807

GDP_PPP

−0.001

0.467

−0.001

0.681

Institutions

−0.469

0.027

−0.746

<0.0001

−0.512

0.022

Press_freedom

−0.237

0.090

−0.234

0.032

−0.215

0.132

ELF

−2.309

0.891

−9.453

0.490

−2.168

0.899

HDI

−0.323

0.298

−0.002

0.996

−0.198

0.648

R-squared

0.5585

0.5798

0.5635

N

33

45

33