| Variable | Full sample | Low-income countries | Middle-income country | High-income countries |
| lntrdis | −0.388*** | −0.11* | −1.091*** | −0.221 |
| (−0.134) | (−0.163) | (−0.312) | (−0.284) | |
| ci | −0.023*** | −0.004 | −0.015 | −0.088*** |
| (−0.008) | (−0.009) | (−0.013) | (−0.027) | |
| tight | 1.638** | 0.064 | 4.823*** | 7.102*** |
| (−0.750) | (−0.509) | (−1.740) | (−4.700) | |
| tec | 0.02 | 0.001 | 0.037*** | 0.072*** |
| (−0.010) | (−0.009) | (−0.011) | (−0.02) | |
| lnla | −3.161*** | −4.419** | −0.825** | −1.62 |
| (−0.821) | (−2.031) | (−0.376) | (−1.63) | |
| lngdp | 6.425*** | 7.865*** | 1.400*** | 2.954** |
| (−0.706) | (−1.724) | (−0.096) | (−1.299) | |
| na | 0.006** | 0.122** | 0.001 | 0.053 |
| (−0.007) | (−0.059) | (−0.01) | (−0.063) | |
| gd | −0.313* | −0.67* | −0.231 | −1.103* |
| (−0.372) | (−0.436) | (−0.32) | (−0.776) | |
| gud | 1.346*** | 0.06* | −0.051** | −1.177* |
| (−0.374) | (−0.544) | (−0.411) | (−0.777) | |
| _cons | −33.719*** | −16.897*** | 8.935* | −8.593 |
| (−4.792) | (−6.016) | (−4.752) | (−13.551) | |
| R2 | 0.523 | 0.7 | 0.5103 | 0.415 |
| F | 25.89 | 29.54 | 14.47 | 21.98 |