VARIABLES

(1)

(2)

(3)

(4)

(5)

(6)

ln_fep

ln_fep

ln_cpi

ln_cpi

ln_fes

ln_fes

inst

1.071***

0.540**

0.829***

0.316***

0.793***

0.294***

(0.0814)

(0.230)

(0.0193)

(0.0487)

(0.0205)

(0.0487)

dk

0.00007

0.000458***

0.000429***

(0.000149)

(0.0000297)

(0.00003)

open

9.605**

2.756***

2.829***

(4.213)

(0.833)

(0.900)

gov

2.641

0.419

0.256

(2.396)

(0.491)

(0.516)

urban

0.0800

0.0467

0.000543

(0.251)

(0.0505)

(0.0553)

Age 16 - 29

−6.453***

−0.997***

−1.102***

(0.849)

(0.188)

(0.204)

Age 30 - 39

−3.626***

−0.710***

−0.860***

(0.737)

(0.168)

(0.177)

Age 40 - 49

−2.372***

−0.416***

−0.533***

(0.635)

(0.152)

(0.152)

Age 50 - 59

−2.687***

−0.312**

−0.400***

(0.529)

(0.137)

(0.130)

Age 60 - 65

−1.078**

−0.211

−0.255**

(0.452)

(0.135)

(0.119)

mar

1.924***

0.165***

0.195***

(0.213)

(0.0425)

(0.0457)

intel

−0.0158

0.0360**

0.0388**

(0.0747)

(0.0155)

(0.0173)

eduy

−0.0413

0.00655

0.00774

(0.0255)

(0.00540)

(0.00543)

familysize

0.601***

0.137***

0.132***

(0.0600)

(0.0126)

(0.0132)

pcfi

0.00001***

0.00001***

0.00001***

(0.0000)

(0.0000)

(0.0000)

Constant

4.925***

5.395***

9.531***

9.227***

9.722***

9.551***

(0.0978)

(0.983)

(0.0234)

(0.218)

(0.0247)

(0.237)

Observations

9340

9017

8464

8191

9339

9016

Number of id

5734

5617

5510

5395

5734

5617

R-squared

0.201

0.579

0.459