Table 3 IV estimates (TSLS): determinants of corruption. Dependent variable: share of corruption on GDP (logs)
From: The effect of coca and FDI on the level of corruption in Bolivia
Variable | (1) | (2) | (3) | |||
|---|---|---|---|---|---|---|
Jan 93-Dec 2012 | Jan 93-Dec 2001 | Jan 93-Dec 2012 | Jan 93-Dec 2001 | Jan 93-Dec 2012 | Jan 93-Dec 2001 | |
Intercept | 10.569** (51.87) | 11.437** (11.48) | 9.438** (33.10) | 11.283** (8.66) | 10.041** (24.32) | 11.564** (8.23) |
Real GDP per capita | −1.181** (−24.37) | −1.509** (−6.02) | −1.196** (−26.80) | −1.416** (−9.70) | −1.189** (−24.33) | −1.514** (−6.11) |
Share of FDI on GDP | −0.067** (−6.40) | 0.023 (0.53) |  |  | −0.061** (−5.13) | 0.023 (0.52) |
Share of total trade on GDP |  |  | 0.225** (4.08) | −0.037 (−0.19) | 0.127 (1.45) | −0.022 (−0.11) |
Price of Coca | −0.031** (−2.51) | 0.097** (3.42) | −0.059** (−4.39) | 0.092** (2.74) | −0.043** (−2.91) | 0.095** (2.79) |
Evo dummy | 0.066 (1.93) | – | 0.002 (0.06) | – | 0.015 (0.31) | – |
Year dummies | No | Yes | No | Yes | No | Yes |
Instruments | 5 | 5 | 5 | 5 | 6 | 6 |
Adj. R2 | 0.94 | 0.85 | 0.94 | 0.85 | 0.94 | 0.85 |
# of observations | 210 | 107 | 239 | 107 | 210 | 107 |