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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

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Table 6 Quantile regression results

From: Comparative analysis of the effects of institutional factors and Piketty’s Hypothesis on inequality: evidence from a panel of countries

Variable 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9
EFW 0.024516***
(0.003898)
0.026816***
(0.004573)
0.020844***
(0.003964)
0.018722***
(0.003464)
0.017773***
(0.003322)
0.015267***
(0.003257)
0.010898***
(0.003237)
0.005741*
(0.003321)
0.002801
(0.004041)
(r−g) 0.000172
(0.000238)
0.000259
(0.000280)
0.000284
(0.000242)
0.000350*
(0.000212)
0.000551***
(0.000203)
0.000648***
(0.000199)
0.000685***
(0.000198)
0.000572***
(0.000203)
0.000109
(0.000247)
Lag GDP/capita −1.13E − 06***
(1.44E − 07)
1.54E − 06***
(1.69E − 07)
1.97E − 06***
(1.47E − 07)
2.24E − 06***
(1.28E − 07)
−2.23E − 06***
(1.23E − 07)
−2.13E − 06***
(1.20E − 07)
−2.30E − 06***
(1.20E − 07)
−2.32E − 06***
(1.23E − 07)
−2.58E − 06***
(1.49E − 07)
Govt. spending −0.00440***
(0.000571)
−0.00441***
(0.000670)
−0.00386***
(0.000580)
−0.00332***
(0.000507)
−0.00331***
(0.000486)
−0.00305***
(0.000477)
−0.00233***
(0.000474)
−0.00200***
(0.000486)
−0.00214***
(0.000592)
Inflation 5.41E − 05
(0.000417)
1.16E − 05
(0.000490)
0.000215
(0.000424)
−0.000113
(0.000371)
−7.50E − 05
(0.000356)
0.000355
(0.000349)
1.81E − 05
(0.000347)
−0.000264
(0.000356)
−0.000454
(0.000433)
Population growth rate 0.007341***
(0.001799)
0.010521***
(0.002110)
0.017683***
(0.001829)
0.018781***
(0.001598)
0.021044***
(0.001533)
0.023195***
(0.001503)
0.026966***
(0.001494)
0.037097***
(0.001532)
0.042912***
(0.001864)
Natural resource rent 0.002827***
(0.000441)
0.002414***
(0.000518)
0.001409***
(0.000449)
0.000828**
(0.000392)
0.001150***
(0.000376)
0.001705***
(0.000369)
0.001894***
(0.000366)
0.000918**
(0.000376)
-0.001126**
(0.000457)
Gross savings rate −0.00058**
(0.000281)
−0.000740**
(0.000329)
−0.000149
(0.000285)
0.000178
(0.000249)
0.000369
(0.000239)
0.000256
(0.000235)
0.000268
(0.000233)
0.000391
(0.000239)
0.001687***
(0.000291)
Tax revenue 4.80E − 06
(0.000342)
6.74E − 05
(0.000401)
−0.000189
(0.000348)
−0.000459
(0.000304)
−0.00081***
(0.000291)
−0.00126***
(0.000286)
−0.00150***
(0.000284)
−0.00136***
(0.000291)
−0.000111
(0.000354)
Trade openness −0.00043***
(4.81E − 05)
−0.00040***
(5.64E − 05)
−0.00043***
(4.89E − 05)
−0.00040***
(4.28E − 05)
−0.00035***
(4.10E − 05)
−0.00031***
(4.02E − 05)
−0.00027***
(3.99E − 05)
−0.00031***
(4.10E − 05)
−0.00037***
(4.99E − 05)
Unemployment rate 0.001714***
(0.000400)
0.002221***
(0.000469)
0.002032***
(0.000407)
0.001715***
(0.000355)
0.001942***
(0.000341)
0.002439***
(0.000334)
0.002490***
(0.000332)
0.004075***
(0.000341)
0.007058***
(0.000415)
Observations 1394 1394 1394 1394 1394 1394 1394 1394 1394
Number of countries 82 82 82 82 82 82 82 82 82
  1. Standard errors are in parentheses and ***, **, * indicates significant at 1%, 5%, and 10% level
  2. Source Research calculations