Variable

Parameter

Pr > χ2

Parameter

Pr > χ2

Parameter

Pr > χ2

Intercept

0.150

0.996

34.865

0.280

10.965

0.788

Eco_stage

6.224

0.277

6.666

0.258

GDP_PPP

0.000

0.993

0.000

0.675

Institutions

−0.321

0.004

−0.290

0.006

−0.332

0.005

Press_freedom

−0.037

0.616

−0.009

0.894

−0.031

0.681

ELF

4.597

0.604

4.195

0.611

4.209

0.638

HDI

0.064

0.697

0.187

0.349

0.129

0.570

R-squared

0.3226

0.215

0.3282

N

33

45

33