Table 3 Results of SDM test.
Variable | SDM Model | Wx | Direct Effect | Indirect Effect | Total Effect |
|---|---|---|---|---|---|
x1Pgdp | 0.225** (0.106) | −0.249*** (0.085) | 1.134*** (0.118) | 2.900*** (0.310) | 4.034*** (0.408) |
x2Cons | −0.946*** (0.077) | 1.200*** (0.123) | 0.277*** (0.067) | 0.707*** (0.166) | 0.983*** (0.232) |
x3Strc | 3.866*** (0.629) | 0.122 (0.910) | −1.469 (1.091) | −20.592*** (4.147) | −22.061*** (4.696) |
x4Innv | 31.740*** (2.115) | −26.292*** (3.032) | 4.999* (2.408) | 17.427 (13.643) | 22.426 (15.109) |
x5Govn | −2.571*** (0.458) | −0.563 (0.566) | 0.571 (0.636) | −0.679 (2.171) | −0.109 (2.515) |
rho | 0.419*** | ||||
N | 1632 |