Table 5 Augmented Mean Group estimation results.
HLTH | Coefficient | Sig | HLTH | Coefficient | Sig | HLTH | Coefficient | Sig |
|---|---|---|---|---|---|---|---|---|
Whole panel | Northern | Central Region panel | ||||||
FDSIND | 0.276*** | 0.000 | FDSIND | 0.915*** | 0.000 | FDSIND | 0.218** | 0.023 |
Clm | -0.155*** | 0.000 | Clm | -0.626*** | 0.000 | Clm | -0.236*** | 0.007 |
FDSIND *Clm | 0.053*** | 0.006 | FDSIND *Clm | -0.079** | 0.039 | FDSIND *Clm | -0.076** | 0.040 |
GDP | -0.186** | 0.026 | GDP | -2.391*** | 0.000 | GDP | -2.225*** | 0.000 |
GHEXP | 0.692*** | 0.000 | GHEXP | 0.432*** | 0.001 | GHEXP | 0.965*** | 0.002 |
Wald test | 148.600*** | 0.000 | Wald test | 551.320*** | 0.0000 | Wald test | 43.820*** | 0.000 |
RMSE | 0.0510 | RMSE | 0.0130 | RMSE | 0.0232 | |||
Eastern Regional panel | Western regional panel | Southern Regional panel | ||||||
FDSIND | -0.637*** | 0.000 | FDSIND | 0.815** | 0.017 | FDSIND | -0.657*** | 0.000 |
Clm | -0.029** | 0.019 | Clm | -0.443*** | 0.000 | Clm | -0.102*** | 0.000 |
FDSIND*Clm | 0.085** | 0.031 | FDSIND *Clm | 0.149*** | 0.001 | FDSIND *Clm | 0.090** | 0.025 |
GDP | 0.209*** | 0.000 | GDP | -0.859*** | 0.000 | GDP | 4.905*** | 0.001 |
GHEXP | -0.254** | 0.014 | GHEXP | 1.014*** | 0.000 | GHEXP | 0.113*** | 0.000 |
Wald test | 165.730*** | 0.0000 | Wald test | 167.480*** | 0.000 | Wald test | 17.160** | 0.012 |
RMSE | 0.0753 | RMSE | 0.0328 | RMSE | 0.0335 | |||