TLIB

0.584***

0.611***

0.680***

0.753*

0.605*

0.387

(0.125)

(0.125)

(0.145)

(0.397)

(0.363)

(0.250)

Controls: country, year fixed effects, gdp

Observations

1785

1792

915

1774

1781

899

Adjusted R-squared

0.704

0.705

0.729

0.564

0.563

0.660