Table 6 Regression
Variables | (1) | (2) | (3) |
|---|---|---|---|
WC | WC | WC | |
SOC | − 0.001*** | ||
(− 3.55) | |||
SOC*VI | 0.001*** | ||
(3.32) | |||
ENV | − 0.002*** | ||
(− 3.92) | |||
ENV*VI | 0.001*** | ||
(3.13) | |||
GOV | − 0.001** | ||
(− 2.56) | |||
GOV*VI | 0.001*** | ||
(4.41) | |||
FS | 0.016*** | 0.020*** | 0.009** |
(3.15) | (3.66) | (2.20) | |
DR | − 0.163*** | − 0.162*** | − 0.162*** |
(− 6.79) | (− 6.76) | (− 6.73) | |
FA | 0.005 | 0.006 | 0.003 |
(0.99) | (1.09) | (0.60) | |
RSP | 0.842*** | 0.857*** | 0.828*** |
(4.89) | (4.98) | (4.83) | |
VOLT | − 0.522*** | − 0.532*** | − 0.504*** |
(− 5.04) | (− 5.15) | (− 4.91) | |
Constant | 0.042 | 0.013 | 0.081** |
(0.92) | (0.27) | (1.97) | |
Observations | 581 | 581 | 581 |
Year & country fix | Yes | Yes | Yes |
Adj R2 | 0.397 | 0.397 | 0.401 |
F-stat | 20.54 | 20.59 | 20.93 |