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Table 6 OLS and quantile regression results for model (2)

From: The demand for military spending in Latin American countries

  OLS regression Fixed effects Quantile regression
OLS FE Q0.05 Q0.10 Q0.25 Q0.50 Q0.75 Q0.90 Q0.95
Constant 0.121*** 0.219*** 1.767*** 1.192*** 1.027*** 1.149*** 1.087*** 0.941*** 0.996***
GDP 0.564** − 0.388*** 0.039 0.017 0.015 0.065** 0.045 − 0.031 − 0.012
POP − 0.012*** 0.041** 0.053 0.096*** 0.069 0.041 0.023 0.082 0.62***
TRD − 0.006*** 0.011 − 0.024 − 0.002 − 0.032 − 0.001*** − 0.035 − 0.003 − 0.014
POLITY − 0.123 0.386** 0.014 0.034* 0.033* 0.091** − 0.049* − 0.059*** − 0.055***
INTER − 0.207 − 0.346 0.142 0.109 − 0.078 − 0.007 0.005 0.008 0.129
INTRA − 0.429 − 0.183* 0.073 0.007 − 0.002 − 0.077** 0.058 0.018** 0.013*
MN − 0.661*** 0.232* − 0.165 0.078 − 0.021 − 0.647*** − 0.928** − 0.131 − 0.457
CRIME − 0.177*** − 0.351** − 0.005 0.069 − 0.001 − 0.006 − 0.019 − 0.006 − 0.012
[Pseudo-]R2 0.54 0.206 0.143 0.16 0.165 0.098 0.103 0.269 0.223
  1. ***, **, and * significant at the 1, 5, and 10% levels, respectively