Table 6 Panel Regression results
GDP per capita(dependent Variable) | CEMAC (HE < 15% GGE) | Other african countries (>15% GGE) | ||||
|---|---|---|---|---|---|---|
Panel OLS | FMOLS | DOLS | Panel OLS | FMOLS | DOLS | |
Health expenditure per capita | 0.304995*** (4.777252) | 0.207370* (1.779484) | 0.304995*** (3.269052) | 0.128414*** (2.797812) | 0.156037*** (2.515290) | 0.381941*** (17.48346) |
Household final consumption expenditure per capita (constant 2010 US$) | −0.046588 (−0.516395) | −0.220483 (−0.992283) | −0.046588 (−0.353367) | 0.522384*** (7.736917) | 0.478174*** (5.119678) | −0.727531*** (−28.95947) |
Labour force, total | 0.582692*** (2.816049) | 0.670658* (1.894656) | 0.582692* (1.927009) | 0.165731* (1.798202) | 0.090819 (0.648487) | 1.379817*** (29.15916) |
Life expectancy at birth, total (years) | −2.196447** (−2.587529) | −1.681589 (−1.084255) | −2.196447 (−1.770634) | 0.654035*** (4.384715) | 0.933523*** (3.748145) | −0.757376*** (−6.573151) |
Trade (% of GDP) | 0.476166*** (4.935038) | 0.456469*** (3.087371) | 0.476166*** (3.377024) | −0.242128*** (−2.867136) | −0.348765*** (2.994127) | −0.632140*** (−30.47444) |
Constant | 4.279689* (1.927313) | −0.842740 (−0.776672) | ||||
R-squared | 0.974961 | 0.979337 | 0.974961 | 0.987795 | 0.987782 | 0.999997 |
Adjusted R-squared | 0.972784 | 0.972372 | 0.972784 | 0.986639 | 0.986561 | 0.999991 |
Long-run variance | 0.076700 | 0.087998 | 0.012616 | 6.82E-07 | ||