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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