Variables | Coefficients | St Error | t-value | Probabilities |
Quality of regulation | −1.029023* | 0.3640882 | −2.83 | 0.005 |
Control of corruption | 0.9361411* | 0.3555546 | 2.63 | 0.008 |
Political stability | −0.3228339* | 0.1335763 | −2.42 | 0.016 |
Rules and laws | 0.9062091* | 0.3101093 | 2.92 | 0.003 |
Ln(trade openness) | 0.2302134 | 0.3166055 | 0.73 | 0.467 |
Ln(GDP) | 0.1333766 | 0.1949469 | 0.68 | 0.494 |
N = 78 | ||||
Wald chi2 (6) = 40.55 | ||||
Prob > chi2 = 0.000 | ||||
Pseudo R2 = 0.68 | ||||
R-Squared = 0.7988 |