Variable | Full period 2002–2019 | Great expansion 2002–2007 | Great recession 2008–2013 | Recovery 2014–2019 | ||||
---|---|---|---|---|---|---|---|---|
Ln GDPpc | -0.482 | *** | -0.423 | *** | -0.527 | *** | -0.472 | *** |
(0.030) | (0.024) | (0.024) | (0.043) | |||||
Ln Pm2.5 | 0.122 | *** | 0.200 | *** | 0.194 | *** | ||
(0.041) | (0.053) | (0.056) | ||||||
Ln EPU | 0.004 | 0.033 | -0.026 | -0.100 | ||||
(0.049) | (0.058) | (0.023) | (0.185) | |||||
Mediterranean | -0.261 | *** | -0.167 | *** | -0.284 | *** | -0.294 | *** |
(0.014) | (0.011) | (0.015) | (0.016) | |||||
Constant | 10.110 | *** | 9.725 | *** | 10.493 | *** | 10.393 | *** |
(0.313) | (0.374) | (0.261) | (0.946) | |||||
Observations | 220 | 102 | 95 | 102 | ||||
R-squared | 0.384 | 0.435 | 0.428 | 0.440 | ||||
Wald chi2 | 878.70 | 334.90 | 2775.67 | 1361.43 | ||||
Prob > chi2 | 0.000 | 0.000 | 0.000 | 0.000 |