The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 8 GMM-2SLS estimation results for country group = 3 with endogenous GINI and GINI2 (robust t values in parenthesis, N = 50, 5% or less significance level results with italics, 5% or less significance level test values are indicated by *)
From: Health, inequality and income: a global study using simultaneous model
Variable | lnGNIPc | lnIM | lnHEc | dlnGNIPc |
|---|---|---|---|---|
constant | − 63.463 (− 0.17) | 4.898 (3.69) | − 0.228 (− 0.27) | 0.049 (0.40) |
lnIM | − 3.368 (− 0.22) | 0.164 (2.72) | 0.007 (0.38) | |
GINI | 3.409 (0.19) | 0.077 (4.32) | − 0.000 (− 0.08) | |
GINI 2 | − 0.034 (− 0.19) | |||
dlnPOP | − 33.624 (− 0.14) | |||
dlnPOP3_1 | − 0.246 (− 2.10) | |||
lnPCR_1 | − 0.002 (− 0.07) | |||
dlnPCR_1 | 2.127 (0.08) | |||
dlnRD_E | 0.130 (1.03) | |||
dlnRD_E | − 0.496 (− 0.14) | |||
lnGNIPc | − 0.637 (− 5.23) | 0.725 (9.21) | ||
lnAW | ||||
lnPOPU | ||||
lnDOC | 0.315 (5.00) | |||
“R2” | . | 0.503 | 0.714 | 0.149 |
GMM C test for exogeneity | lnIM chi2(1) = 2.19 GINI,GINI 2 chi2(2) = 2.01 | lnGNIPc chi2(1) = 4.17* GINI chi2(1) = 0.99 | lnIM, lnGNIPc chi2(2) = 3.95 | lnIM chi2(1) = 0.32 GINI chi2(1) = 0.96 |
Robust F test for first-stage regressions | lnIM F(4,42) = 1.29 GINI F(4,42) = 1.72 GINI 2 F(4,42) = 1.85 | lnGNIPc F(5,44) = 379.15* GINI F(5,44) = 5.81* | lnIM: F(4,44) = 4.53* lnGNIPc F(4,44) = 3.66* | lnIM F(3,43) = 2.48 GINI F(3,43) = 4.39* |
Hansen’s J test for over-indentifying restrictions | chi2(1) = 0.04 | chi2(3) = 4.68 | chi2(2) = 1.52 | chi2(1) = 0.12 |
Additional instruments | AC, AC_1, lnAW_1, lnAREA | dlnGDPiv, lnGDP_iv_1, AC, AC_1, POPU_1 | dlnPOP_1, lnPOPU, AC_1, AW_1 | AC, AC_1, AREA |