Outcome variable: Cyclical component of total government spending (CGE) | |||
VARIABLES | Coef | t | P > |t| |
Economic cycle ( ) | 1.401 | 2.080 | 0.092 |
Discretionary fiscal policy ( ) | 0.790 | 5.110 | 0.004 |
Sustainability constraint on government debt ( ) | −0.001 | −1.440 | 0.210 |
Regulatory quality ( ) | 0.071 | 3.680 | 0.014 |
Interaction terms ( ) | 1.239 | 2.110 | 0.088 |
Fluctuations in the terms of trade ( ) | −0.663 | −3.200 | 0.024 |
GDP per capita ( ) | −0.000 | −0.680 | 0.524 |
Inflation ( ) | 0.000 | 2.070 | 0.093 |
DUM | −0.057 | −1.020 | 0.356 |
Constant | 0.101 | 2.300 | 0.070 |
Comments | 120 |