| FE (1) | RE (2) | PLS (3) |
Constant | 2.103*** 0.358 5.741 0.000 | 2.019*** 0.437 4.306 0.000 | 21.648*** 1.868 11.586 0.000 |
ln(GNI) | 0.321*** 0.580 2.435 0.000 | 0.499*** 0.148 3.006 0.004 | 0.246*** 0.041 5.234 0.000 |
GINI | 0.398*** 0.121 3.306 0.001 | 0.531*** 0.150 3.511 0.000 | 0.160*** 0.041 4.077 0.000 |
ln(GNI) * GINI | 0.192*** 0.027 4.996 0.000 | 0.112*** 0.025 3.124 0.000 | 0.192*** 0.027 4.996 0.000 |
HDI | −0.027 0.004 −1.542 0.068 | −0.352 0.071 −1.601 0.071 | −0.123 0.060 −1.159 0.078 |
GE | 0.340*** 0.454 3.672 0.001 | 0.287** 0.038 2.008 0.046 | 0.339*** 0.076 4.559 0.000 |
LATIN | −0.341*** 0.103 −3.051 0.000 | −0.109*** 0.099 −3.891 0.000 | −1.215*** 0.168 −4.675 0.000 |
SCANDINAVIAN | 0.239*** 0.029 5.742 0.000 | 0.409*** 0.072 4.539 0.000 | 0.398*** 0.081 4.572 0.000 |
| 0.798 | 0.779 | 0.801 |
F-statistic | 360.551 | 358.692 | 709.396 |
Prob (F-statistic) | 0.000 | 0.000 | 0.000 |
Hausman | 120.668 (0.000) | 136.781 (0.000) | 196.839 (0.000) |