Variable | Full period 2002–2019 | Great expansion 2002–2007 | Great recession 2008–2013 | Recovery 2014–2019 | ||||
---|---|---|---|---|---|---|---|---|
Ln GDPpc | -0.558 | *** | -0.523 | *** | -0.581 | *** | -0.573 | *** |
(0.029) | (0.028) | (0.018) | (0.040) | |||||
Ln Pm2.5 | 0.239 | *** | 0.339 | *** | 0.317 | *** | ||
(0.052) | (0.075) | (0.057) | ||||||
Ln EPU | 0.051 | 0.000 | -0.002 | -0.125 | ||||
(0.050) | (0.064) | (0.027) | (0.177) | |||||
Mediterranean | -0.330 | *** | -0.173 | *** | -0.348 | *** | -0.364 | *** |
(0.015) | (0.016) | (0.020) | (0.017) | |||||
Constant | 10.519 | *** | 10.988 | *** | 10.746 | *** | 11.379 | *** |
(0.327) | (0.427) | (0.242) | (0.901) | |||||
Observations | 220 | 102 | 95 | 102 | ||||
R-squared | 0.497 | 0.502 | 0.532 | 0.561 | ||||
Wald chi2 | 968.42 | 346.39 | 2036.57 | 731.38 | ||||
Prob > chi2 | 0.000 | 0.000 | 0.000 | 0.000 |