Variables
|
|NRA|
|
---|
(1)
|
(2)
|
(3)
|
---|
GDP per capita
|
− 0.14814***
|
− 0.13091***
|
− 0.23558***
|
(0.01356)
|
(0.01616)
|
(0.01156)
|
Inflation
|
0.00009***
|
0.00016***
|
0.00015***
|
(0.00001)
|
(0.00001)
|
(0.00001)
|
Public debt
|
0.00088***
|
0.00116***
|
0.00098***
|
(0.00012)
|
(0.00015)
|
(0.00010)
|
Public debt squared
|
− 0.00001***
|
− 0.00001***
|
− 0.00000***
|
(0.00000)
|
(0.00000)
|
(0.00000)
|
Polity2
|
− 0.00142***
|
0.00063
|
− 0.00051
|
(0.00039)
|
(0.00049)
|
(0.00032)
|
% of Rural population
|
− 0.01344***
|
−0.00354***
|
− 0.00469***
|
(0.00083)
|
(0.00099)
|
(0.00073)
|
Land per capita
|
− 0.10229***
|
− 0.03101
|
− 0.12443***
|
(0.01741)
|
(0.02097)
|
(0.01408)
|
Mobile phone usage
|
− 0.00199***
| |
− 0.00139***
|
(0.00011)
| |
(0.00013)
|
Internet connectivity
| |
− 0.00464***
|
0.01203***
|
|
(0.00024)
|
(0.00039)
|
Mobile*Internet
| | |
− 0.00017***
|
| |
(0.00000)
|
Coffee
|
0.05179***
|
0.04412***
|
0.04412***
|
(0.00312)
|
(0.00369)
|
(0.00244)
|
South America
|
− 0.31434***
|
0.17051**
|
0.51257***
|
(0.05632)
|
(0.07423)
|
(0.05018)
|
Asia
|
− 0.03850***
|
0.07763***
|
0.12566***
|
(0.01432)
|
(0.01729)
|
(0.01159)
|
Constant
|
2.08151***
|
1.07620***
|
1.77840***
|
(0.12964)
|
(0.15022)
|
(0.11340)
|
Total effect of mobile
| | |
− 0.00223***
|
| |
(0.00013)
|
Observations
|
407
|
347
|
347
|
R-squared
|
0.36531
|
0.45428
|
0.47408
|
Year FE
|
Yes
|
Yes
|
Yes
|
Country FE
|
Yes
|
Yes
|
Yes
|
Adjusted R-squared
|
0.286
|
0.373
|
0.391
|
Long run SE
|
0.0196
|
0.0212
|
0.0140
|
Bandwidth (neweywest)
|
556.1
|
276.7
|
540
|
- Standard errors in parentheses
- ***p < 0.01; **p < 0.05; *p < 0.1