Variables/ Regressions

(132)

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(142)

Dependent Variables

Public Debt

X

X

X

X

X

X

X

X

X

X

X

Independent Variables

Competitiveness index

1.207727

(1.11)

Labor cost

0.0006696

(1.31)

Political stability

−3.543937

(−0.24)

Corporate income tax rate

2.862345***

(3.19)

Ease of doing business

−2.035551*

(−1.71)

Corruption

−1.14754

(−0.85)