Dependent variable: Log of GDP per capita

Independent Variables

Coef.

Robust

Std. Error

p-value

log of GDP per capita_(t-1)

0.6326***

0.0039448

0.000

log of gross fixed capital formation per capita

0.0124*

0.006495

0.055

log of human capital per capita

0.0274***

0.003163

0.000

population growth

−0.0636***

0.011003

0.000

Constant

1.6024***

0.180074

0.000

Other estimates and robustness test results

Implied lambda (λ)

Sargan C-statistic

Hansen J Chi-sq. test

Prob > Wald Chi2

R-squared

Pr (Skewness)

Pr (Kurtosis)

Joint Pr > chi2

0.034

3.224**

39.301

0.000

0.480

0.065

0.071

0.084

-

-

-

-

-

-

-

-

-

0.045

0.546

-

-

-

-

-