Table 6 RE-NR-FD relationship in SSA: parametric estimations (fixed and random effect models).
| Â | (POLS) | (FEM) | (REM) | (FEM-ROBUST) | (PCSE) |
|---|---|---|---|---|---|
VARIABLES | REC | REC | REC | REC | REC |
NR | 1.697*** | −0.171** | −0.124* | −0.171* | −0.171** |
| Â | (0.165) | (0.0701) | (0.0711) | (0.0967) | (0.0712) |
FD | 2.259*** | −0.607*** | −0.584*** | −0.607** | −0.607*** |
| Â | (0.807) | (0.211) | (0.216) | (0.226) | (0.147) |
NR × FD | −0.258*** | 0.0485*** | 0.0462** | 0.0485*** | 0.0485*** |
| Â | (0.0668) | (0.0177) | (0.0181) | (0.0163) | (0.0135) |
(Trade/GDP) | −0.258*** | −0.0641*** | −0.0745*** | −0.0641** | −0.0641*** |
| Â | (0.0440) | (0.0225) | (0.0228) | (0.0279) | (0.0186) |
GDP PC | −0.00241*** | −0.00168*** | −0.00177*** | −0.00168*** | −0.00168*** |
| Â | (0.000250) | (0.000212) | (0.000211) | (0.000401) | (0.000110) |
(Urbanization/population) | −0.183** | −0.589*** | −0.540*** | −0.589*** | −0.589*** |
| Â | (0.0725) | (0.0689) | (0.0684) | (0.139) | (0.0388) |
Constant | 86.12*** | 106.4*** | 105.0*** | 106.4*** | 168.1*** |
| Â | (3.331) | (3.128) | (4.873) | (6.875) | (4.576) |
Observations | 318 | 318 | 318 | 318 | 318 |
R-squared | 0.683 | 0.429 | Â | 0.429 | 0.983 |
Number of ID | Â | 18 | 18 | 18 | 18 |
