1
APPENDIX
Table A.1, Descriptive Statistics, Regression 9.1, Entire Sample
Entire sample N Minimum Maximum Mean
Std. Deviation Ginitimes100 491 2570,00 6625,00 4412,4336 910,29134 SW 2911 ,00 1,00 ,3008 ,43722 SWxGDPcap 2663 ,00 24123,29 1185,6100 2832,20937 GDPcap 1952 491,56 24123,29 3924,7125 3662,50675 FemaleinWorkforce 2480 10,60 54,95 37,1650 9,13404 M2/GDP 2507 ,87 189,89 29,0537 18,87295 Inflation 2436 -3,90 198,44 15,1479 20,95918
Real Interest Rate 1352 -89,44 82,47 4,9118 12,98657
Polity2 2891 -10,00 10,00 -1,3952 6,35788
Dummy Gross 491 0 1 ,79 ,409
Dummy Income 491 0 1 ,59 ,491
Dummy Household 491 0 1 ,32 ,465
Valid N (listwise) 244
Table A.2, Descriptive Statistics, Regression 9.1, Separate Regions
South-Asia N Minimum Maximum Mean Std. Deviation Ginitimes100 71 2717,00 5300,00 3427,5980 544,31224 SW 205 ,00 1,00 ,1463 ,31939 SWxGDPcap 205 ,00 3234,66 278,1502 663,96596 GDPcap 180 181,80 4725,25 802,4687 898,22614 Female in Workforce 155 21,80 40,90 32,1692 5,86765 M2/GDP 170 8,13 46,67 28,3585 10,36704 Inflation 170 ,56 17,59 7,8935 3,45721
Real Interest Rate 97 -12,17 34,76 5,9545 5,00829
Polity2 193 -9,40 9,00 2,2166 6,14381
Valid N (listwise) 28
East-Asia & Pacific N Minimum Maximum Mean
Std. Deviation Ginitimes100 107 2570,00 5300,00 3957,6060 680,60774 SW 369 ,00 1,00 ,6045 ,47832 SWxGDPcap 305 ,00 24123,29 4210,8578 5849,36000 GDPcap 297 584,70 24123,29 5381,5743 5266,00203 Female in Workforce 403 30,08 54,95 41,2582 5,95932 M2/GDP 334 3,94 189,89 42,3030 29,71422 Inflation 345 -,18 141,35 9,5768 13,14127
Real Interest Rate 227 -22,19 21,61 5,3898 4,71789
Polity2 432 -9,00 10,00 -,8477 6,21368
2
Latin-America &
Caribbean N Minimum Maximum Mean Std. Deviation
Ginitimes100 179 3792,00 6366,00 5037,4120 643,41792 SW 902 ,00 1,00 ,3629 ,44956 SWxGDPcap 788 ,00 12371,51 1483,2198 2470,73456 GDPcap 598 2075,56 21234,89 5993,4812 3379,75458 Female in Workforce 744 14,34 49,17 32,7522 7,31212 M2/GDP 825 7,89 93,34 27,4518 12,29016 Inflation 795 -3,90 198,44 18,5487 24,67950
Real Interest Rate 407 -57,01 82,47 8,8596 16,13809
Polity2 850 -9,00 10,00 2,2052 6,27036
Valid N (listwise) 91
Sub-Saharan Africa N Minimum Maximum Mean Std. Deviation
Ginitimes100 97 2590,06 6625,00 4608,2201 926,42032 SW 1107 ,00 1,00 ,1574 ,34410 SWxGDPcap 1086 ,00 8941,35 338,2246 1119,75837 GDPcap 734 491,56 16193,66 2056,4243 2376,48483 Female in Workforce 930 24,94 52,29 43,4595 5,73170 M2/GDP 928 ,87 79,19 21,0197 12,02098 Inflation 876 -3,90 191,34 15,7433 21,85294
Real Interest Rate 543 -89,44 22,69 1,9998 13,65710
Polity2 1120 -9,00 9,00 -3,9964 4,83003
Valid N (listwise) 52
Middle-East &
North-Africa N Minimum Maximum Mean Std. Deviation
Ginitimes100 32 2938,37 5300,00 3967,2663 469,99769 SW 287 ,00 1,00 ,3868 ,47331 SWxGDPcap 238 ,00 5791,42 932,3327 1639,03073 GDPcap 167 633,97 7528,71 3901,8178 1493,61170 Female in Workforce 217 10,60 29,48 21,9245 3,88980 M2/GDP 217 21,89 122,87 51,0635 20,67144 Inflation 210 -1,16 41,13 10,3585 8,42945
Real Interes tRate 78 -10,13 12,89 1,8967 4,78846
Polity2 255 -10,00 2,40 -6,9035 2,55002
3
Table A.3 List of countries with at least 2 observations
East-Asia and the Pacific Middle-East & North-Africa
China Algeria
Hong Kong Egypt
Indonesia Iran
South-Korea Jordan
Laos Morocco
Malaysia Tunesia
Papua New Guinea Yemen
Philippines
Singapore
Thailand
Vietnam
Latin-America & Caribbean Sub-Saharan Africa
Argentina Botswana
The Bahama’s Burkina Faso
Barbados Cameroon
Bolivia Central African Republic
Brazil Cote d’Ivoire
Chile Djibouti
Colombia Ethiopia
Costa Rica Gabon
Dominican Republic Gambia
Ecuador Ghana El Salvador Guinea Guatemala Guinea-Bissau Guyana Kenya Honduras Lesotho Jamaica Madagascar Mexico Malawi Nicaragua Mauritania Panama Mauritius Paraguay Niger Peru Nigeria
Puerto Rico Rwanda
Trinidad and Tobago Senegal
Uruguay Seychelles
Venezuela Sierra Leone
4
Table A.4 Descriptive Statistics, Regressions 9.2
Entire sample
Descriptive Statistics
N Minimum Maximum Mean
Std. Deviation region's mean difference with the centered sample mean (=0) Arablelandpw 2426 0 5,98 0,73 0,66 0 Capitalpw 1179 67 27659,60 5533,26 5044,47 0 Avyearsschool 2379 0,06 10,31 3,33 2,03 0 NOEDs 2379 9,12 98,96 72,83 17,99 0 BASEDs 2379 0,31 57,37 18,75 11,45 0 SKILD 2379 0,10 59,10 8,40 8,36 0 NatRes 2352 -45,40 70,92 3,31 21,55 0 SW 2911 0 1 0,30 0,44 0 Valid N (listwise) 709 East-Asia & Pacific Descriptive Statistics
N Minimum Maximum Mean Std. Dev.
region's mean difference with the centered sample mean (=0) Arablelandpw 372 0,00 0,83 0,32 0,22 -0,42 Capitalpw 139 984,00 27659,60 7140,72 5449,63 1607,46 Avyearsschool 369 0,67 10,31 4,63 2,20 1,30 NOEDs 369 9,12 95,71 59,21 19,79 -13,61 BASEDs 369 3,78 52,82 26,90 9,62 8,15 SKILD 369 0,44 59,10 13,87 12,07 5,47 NatRes 396 -18,75 43,95 1,10 12,91 -2,21 SW 369 0,00 1,00 0,60 0,48 0,30 Valid N (listwise) 60 South-Asia Descriptive Statistics
N Minimum Maximum Mean Std. Dev.
5
Middle-East & North-Africa
Descriptive Statistics
region's mean difference with the centered
sample mean (=0) N Minimum Maximum Mean Std. Dev.
Arablelandpw 217 0,14 2,23 1,00 0,58 0,26 Capitalpw 69 1436,00 20726,00 5818,43 5390,14 285,18 Avyearsschool 190 0,54 6,99 2,40 1,45 -0,93 NOEDs 190 43,48 95,50 79,68 11,66 6,85 BASEDs 190 2,90 20,12 11,11 4,82 -7,64 SKILD 190 1,02 36,36 9,18 7,54 0,79 NatRes 229 -13,15 58,59 16,24 21,80 12,93 SW 287 0,00 1,00 0,39 0,47 0,09 Valid N (listwise) 29 Latin-America & Caribbean Descriptive Statistics
N Minimum Maximum Mean Std. Dev.
region's mean difference with the centered sample mean (=0) Arablelandpw 744 0,02 3,44 0,74 0,60 0,01 Capitalpw 489 204,00 21660,00 8156,77 5083,15 2623,51 Avyearsschool 902 1,43 9,02 4,39 1,62 1,07 NOEDs 902 26,22 89,90 64,31 14,45 -8,52 BASEDs 902 7,70 57,37 24,51 10,02 5,76 SKILD 902 1,20 35,18 11,14 6,89 2,75 NatRes 801 -45,40 62,61 1,95 25,27 -1,36 SW 902 0,00 1,00 0,36 0,45 0,06 Valid N (listwise) 412 Sub-Saharan Africa Descriptive Statistics
N Minimum Maximum Mean Std. Dev.
6
Table A.5 Regression results; openness and endowments, dependent variable: 100 x Gini
A.5.1 East Asia & Pacific
1. HC= Av Years
schooling B t Sign. 2. HC= NOEDs B t Sign.
(Constant) 3237,68 21,654 0,000 (Constant) 3238,6 21,698 0,000 arabland 200,64 2,446 0,015 arabland 203,13 2,493 0,013 cappw -0,026 -2,808 0,005 cappw -0,029 -3,203 0,001 NatRes 3,025 2,072 0,039 NatRes 2,93 2,122 0,034 schoolyears -11,69 -1,121 0,263 NOEDs 1,752 1,618 0,106 sw 123,661 1,937 0,053 sw 145,74 2,464 0,014 swXArabland -8,638 -0,029 0,977 swXArabland -15,57 -0,052 0,959 swXCappw 0,031 1,383 0,167 swXCappw 0,039 1,709 0,088 swXnatres 0,194 0,067 0,947 swXnatres 0,502 0,179 0,858 swXschoolyears 1,692 0,06 0,952 swXNOEDs -1,965 -0,69 0,490 Female in Workforce 1,836 0,633 0,527 Female In Workforce 1,426 0,494 0,621 M2GDP 2,887 5,117 0,000 M2GDP 2,853 5,121 0,000 Inflation -0,074 -0,196 0,845 Inflation -0,136 -0,361 0,719 Polity2 9,032 3,565 0,000 Polity2 8,558 3,386 0,001 DummyGross 130,33 1,429 0,153 DummyGross 131,66 1,446 0,149 DummyIncome 269,32 3,575 0,000 DummyIncome 273,31 3,631 0,000 Dummy Household 388,885 6,452 0,000 Dummy Household 387,03 6,446 0,000
N= 17 N= 17
R-Square= 0.304 R-Square= 0.347
3. HC= BASEDs B t Sign. 4. HC=SKILD B t Sign.
7
A.5.2 South-Asia
1. HC= Av Years schooling B t Sign. 2. HC= NOEDs B t Sign. (Constant) 3654,148 14,307 0,000 (Constant) 3649,9 14,419 0,000 Arabland 36,234 0,174 0,862 Arabland 61,081 0,285 0,776 Cappw -0,032 -1,812 0,072 Cappw -0,025 -1,264 0,208 NatRes 2,565 0,45 0,653 NatRes 1,319 0,232 0,817 Schoolyears 45,043 1,722 0,087 NOEDs -2,661 -0,886 0,377 sw 376,077 2,427 0,016 sw 381,38 2,446 0,015 swXArabland 1156,273 1,388 0,167 swXArabland 1267,2 1,472 0,143 swXCappw 0,05 1,27 0,206 swXCappw 0,038 0,894 0,373 swXNatRes 23,06 1,003 0,317 swXNatRes 28,452 1,223 0,223 sw X schoolyears -65,609 -1,266 0,207 swXNOEDs 3,012 0,487 0,627 Female in Workforce -9,239 -1,457 0,147 Female in Workforce -8,748 -1,384 0,168 M2GDP -7,516 -2,706 0,007 M2GDP -7,496 -2,673 0,008 Inflation 2,243 0,376 0,708 Inflation 1,124 0,186 0,853 Polity2 -1,291 -0,252 0,802 Polity2 2,155 0,455 0,650 DummyGross -77,268 -1,037 0,301 DummyGross -81,87 -1,091 0,276 DummyIncome 652,594 6,471 0,000 DummyIncome 646,43 6,352 0,000 Dummy Household 186,546 2,083 0,039 Dummy Household 182,47 2,016 0,045 N= 28 N= 28 R-Square= 0,293 R-Square= 0,230 3. HC=BASEDs B t Sign. 4. HC=SKILD B t Sign.
8
A.5.3 Latin-America & Caribbean
1. HC= Av Years schooling B t Sign. 2. HC= NOEDs B t Sign. (Constant) 4445,785 45,852 0,000 (Constant) 4448,058 46,306 0,000 Arabland 30,015 1,626 0,104 Arabland 29,629 1,6 0,110 Cappw 0,004 1,441 0,150 Cappw 0,004 1,502 0,133 NatRes -2,071 -5,135 0,000 NatRes -2,084 -5,162 0,000 Schoolyears -18,85 -2,708 0,007 NOEDs 2,048 2,659 0,008 sw 57,987 2,724 0,007 sw 57,07 2,686 0,007 swXNatRes 0,108 0,125 0,901 swXNatRes 0,045 0,052 0,958 swXArabland 57,287 1,426 0,154 swXArabland 63,162 1,576 0,115 swXCappw -0,001 -0,091 0,928 swXCappw -0,000, -0,004 0,997 sw X schoolyears 23,552 1,795 0,073 swXNOEDs -1,926 -1,321 0,187 DummyGross 137,59 1,49 0,136 DummyGross 130,703 1,415 0,157 DummyIncome 649,69 9,281 0,000 DummyIncome 644,189 9,197 0,000 Dummy Household -177,744 -4,307 0,000 Dummy Household -176,173 -4,271 0,000 Female in Workforce 0,537 0,33 0,741 Female in Workforce 0,869 0,53 0,596 M2GDP -2,734 -3,218 0,001 M2GDP -2,723 -3,208 0,001 Inflation 0,044 2,3 0,022 Inflation 0,042 2,209 0,027 Polity2 -3,472 -2,128 0,034 Polity2 -3,528 -2,162 0,031 N= 100 N= 100 R-Square= 0,212 R-Square= 0,241 3. HC=BASEDs B t Sign. 4. HC=SKILD B t Sign.
9
A.5.4 Sub-Saharan Africa
1.HC= Av Years schooling B t Sign. 2. HC= NOEDs B t Sign. (Constant) 4610,73 52,106 0,000 (Constant) 4571,5 52,312 0,000 arablandpw 15,54 1,273 0,203 arablandpw 12,9 1,048 0,295 cappw -0,003 -0,373 0,709 cappw -0,006 -0,626 0,532 NatResource 0,294 0,561 0,575 NatResource 0,467 0,901 0,368 schoolyears 44,529 4,47 0,000 noed -5,165 -3,61 0,000 sw -23,631 -0,843 0,399 sw -13,05 -0,457 0,648 swXarablandpw 14,178 0,303 0,762 swXarablandpw 9,302 0,199 0,842 swXnatresource 4,481 2,205 0,028 swXnatresource 4,446 2,218 0,027 swXcappw 0,056 2,721 0,007 swXcappw 0,066 3,046 0,002 swXschoolyears -81,07 -3,664 0,000 swXnoed 11,004 3,934 0,000 Female in Workforce -0,025 -0,016 0,988 Female in Workforce 0,771 0,485 0,628 M2GDP -0,354 -0,443 0,658 M2GDP 0,009 0,011 0,991 Inflation -0,037 -0,549 0,583 Inflation -0,043 -0,63 0,529 Polity2 -0,045 -0,027 0,978 Polity2 -0,22 -0,132 0,895 DummyGross -120,692 -2,132 0,033 DummyGross -120,5 -2,126 0,034 DummyIncome 391,598 5,203 0,000 DummyIncome 385,09 5,11 0,000 Dummy Household 98,699 0,991 0,322 Dummy Household 106,66 1,07 0,285 N= 17 N= 17 R-Square 0,117 R-Square 0,1263. HC= BASEDs B t Sign. 4. HC=SKILD B t Sign.
10
A.5.5 Middle-East & North-Africa
1. HC= Av Yearsschooling B t Sign. 2. HC= NOEDs B t Sign.
(Constant) 4150,42 59,23 0,000 (Constant) 4146,78 58,56 0,000 Arabland 40,094 1,947 0,052 Arabland 41,889 2,024 0,044 NatRes 1,153 2,707 0,007 NatRes 1,118 2,624 0,009 schoolyears 0,061 0,008 0,993 NOEDs -0,353 -0,394 0,694 sw 41,24 2,074 0,039 sw 37,84 1,881 0,061 swXArabland 62,849 1,224 0,222 swXArabland 66,317 1,294 0,196 swXNatRes 2,735 2,473 0,014 swXNatRes 2,653 2,395 0,017 swXschoolyears 24,529 1,243 0,215 swXNOEDs -3,321 -1,306 0,193 DummyGross -507,55 -13,64 0,000 DummyGross -509,16 -13,68 0,000 DummyIncome 1593,61 15,789 0,000 DummyIncome 1594,97 15,8 0,000 DummyHousehold -275,2 -3,702 0,000 Dummy Household -276,14 -3,715 0,000 FemaleinWorkforce 3,948 1,706 0,089 Femalein Workforce 4,067 1,745 0,082 M2GDP -0,919 -1,959 0,051 M2GDP -0,968 -2,098 0,037 Inflation 2,402 2,343 0,020 Inflation 2,441 2,373 0,018 Polity2 1,294 0,389 0,697 Polity2 0,889 0,269 0,788 N= 18 N= 18 R-Square= 0,486 R-Square= 0,428
3. HC= BASEDs B t Sign. 4. HC=SKILD B t Sign.
11
Table A.6
Data sources:
Gini-values
Branko Milanovic, ”Worlds Apart: Measuring International and Global
Inequality”, Princeton: Princeton University Press, 2005.
http://econ.worldbank.org/projects/inequality
Educational data
Barro, R.J. and Lee, J-W (2000) “International Data on Educational
Attainment: Updates and Implications.” CID Working Paper no. 42
(April).
http://www.cid.harvard.edu/ciddata/ciddata.html
Polity score
Centre for International Development and Conflict Management
(CIDCM), PolityIV Project.
http://www.cidcm.umd.edu/polity/
Capital per worker
Easterly, W. and Ross Levine, “It’s not factor accumulation: stylized
facts and growth models” , Mimeo, World Bank and U. of Minnesota,
September 1999.
http://www.nyu.edu/fas/institute/dri/dataset/Micro%20Time%20Series.
xls
Sachs-Warner
Wacziarg, R. and Welch, K.H. 2003. "Trade Liberalization and
Indicator
Growth:New Evidence." NBER Working Paper No. 10152.
M2/GDP
World Development Indicators 2006
Inflation rate
World Development Indicators 2006
Real Interest rate
World Development Indicators 2006
Arable land
World Development Indicators 2006
Exports and Imports of ores and metals
World Development Indicators 2006
Exports and Imports of fuels
World Development Indicators 2006
GDP PPP 2000
World Development Indicators 2006
Woman in labour force (% of total)
World Development Indicators 2006
Labour force
World Development Indicators 2006
12
Table A.7.1.1, Correlation Matrix, Regression 9.1, Entire Sample
Table A.7.1.2 Correlation-matrix, regression in section 9.2; Entire Sample. All endowment variables are centered
See legend below 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 1 1,00 0,03- 0,10 0,28- 0,30 0,27- 0,28- 0,25- 0,30- 0,07- 0,16- 0,15- 0,16 0,12- 0,15- 0,18- 0,24- 0,05 0,21- 0,13- 0,09- 0,15- 2 0,03- 1,00 0,28 0,61 0,62- 0,48 0,64 0,21 0,15- 0,07- 0,10 0,20 0,18- 0,06 0,26 0,31- 0,23 0,08 0,37 0,33 0,44 0,00 3 0,10 0,28 1,00 0,09- 0,08 0,08- 0,04- 0,05- 0,06- 0,13- 0,07- 0,05- 0,04 0,03- 0,05- 0,09- 0,10- 0,07 0,01- 0,10- 0,18- 0,03- 4 0,28- 0,61 0,09- 1,00 0,97- 0,90 0,86 0,51 0,12- 0,06- 0,23 0,38 0,38- 0,23 0,44 0,09- 0,44 0,04 0,39 0,32 0,32 0,04- 5 0,30 0,62- 0,08 0,97- 1,00 0,93- 0,87- 0,51- 0,12 0,05 0,21- 0,37- 0,38 0,25- 0,43- 0,12 0,44- 0,03- 0,39- 0,29- 0,30- 0,03- 6 0,27- 0,48 0,08- 0,90 0,93- 1,00 0,64 0,44 0,09- 0,03- 0,07 0,21 0,24- 0,21 0,21 0,02- 0,33 0,00 0,40 0,25 0,25 0,10 7 0,28- 0,64 0,04- 0,86 0,87- 0,64 1,00 0,49 0,14- 0,06- 0,33 0,50 0,49- 0,25 0,63 0,22- 0,50 0,06 0,30 0,27 0,28 0,07- 8 0,25- 0,21 0,05- 0,51 0,51- 0,44 0,49 1,00 0,17- 0,02- 0,15 0,38 0,39- 0,35 0,34 0,03- 0,34 0,04- 0,24 0,13 0,03 0,04- 9 0,30- 0,15- 0,06- 0,12- 0,12 0,09- 0,14- 0,17- 1,00 0,04 0,11- 0,24- 0,27 0,22- 0,25- 0,04 0,11- 0,02 0,09 0,06 0,02 0,12- 10 0,07- 0,07- 0,13- 0,06- 0,05 0,03- 0,06- 0,02- 0,04 1,00 0,18 0,14- 0,12 0,11- 0,10- 0,01 0,18- 0,02- 0,03 0,07- 0,09- 0,04 11 0,16- 0,10 0,07- 0,23 0,21- 0,07 0,33 0,15 0,11- 0,18 1,00 0,65 0,65- 0,48 0,67 0,14 0,07 0,05- 0,02 0,04 0,15 0,06- 12 0,15- 0,20 0,05- 0,38 0,37- 0,21 0,50 0,38 0,24- 0,14- 0,65 1,00 0,97- 0,84 0,87 0,16 0,34 0,07- 0,04 0,15 0,20 0,00 13 0,16 0,18- 0,04 0,38- 0,38 0,24- 0,49- 0,39- 0,27 0,12 0,65- 0,97- 1,00 0,89- 0,86- 0,15- 0,32- 0,07 0,03- 0,12- 0,17- 0,02- 14 0,12- 0,06 0,03- 0,23 0,25- 0,21 0,25 0,35 0,22- 0,11- 0,48 0,84 0,89- 1,00 0,53 0,19 0,20 0,06- 0,02- 0,07 0,11 0,08 15 0,15- 0,26 0,05- 0,44 0,43- 0,21 0,63 0,34 0,25- 0,10- 0,67 0,87 0,86- 0,53 1,00 0,06 0,37 0,06- 0,07 0,14 0,19 0,04- 16 0,18- 0,31- 0,09- 0,09- 0,12 0,02- 0,22- 0,03- 0,04 0,01 0,14 0,16 0,15- 0,19 0,06 1,00 0,24- 0,02- 0,03- 0,03 0,08- 0,09- 17 0,24- 0,23 0,10- 0,44 0,44- 0,33 0,50 0,34 0,11- 0,18- 0,07 0,34 0,32- 0,20 0,37 0,24- 1,00 0,07- 0,02 0,02 0,04 0,02- 18 0,05 0,08 0,07 0,04 0,03- 0,00 0,06 0,04- 0,02 0,02- 0,05- 0,07- 0,07 0,06- 0,06- 0,02- 0,07- 1,00 0,07 0,03 0,01- 0,10- 19 0,21- 0,37 0,01- 0,39 0,39- 0,40 0,30 0,24 0,09 0,03 0,02 0,04 0,03- 0,02- 0,07 0,03- 0,02 0,07 1,00 0,11 0,17 0,02 20 0,13- 0,33 0,10- 0,32 0,29- 0,25 0,27 0,13 0,06 0,07- 0,04 0,15 0,12- 0,07 0,14 0,03 0,02 0,03 0,11 1,00 0,52 0,14 21 0,09- 0,44 0,18- 0,32 0,30- 0,25 0,28 0,03 0,02 0,09- 0,15 0,20 0,17- 0,11 0,19 0,08- 0,04 0,01- 0,17 0,52 1,00 0,39 22 0,15- 0,00 0,03- 0,04- 0,03- 0,10 0,07- 0,04- 0,12- 0,04 0,06- 0,00 0,02- 0,08 0,04- 0,09- 0,02- 0,10- 0,02 0,14 0,39 1,001= Arable land per worker 7= % Higher educated (SKILD) 13= SW x NO-EDs 19= Polity 2
2= Capital per worker 8= Sachs-Warner indicator (SW) 14= SW x BAS-EDs 20= Dummy Gross
3= Natural Resources 9= SW x Arable land per worker 15= SW x SKILD 21= Dummy Income
4= Average years of school attainment 10= SW x Natural Resources 16= % Females in workforce 22= Dummy Households
5= % Uneducated (NO-EDs) 11= SW x Capital per Worker 17= M2 / GDP
14
Table A.7.2.1, Collinearity statistics, Variance Inflation Factors (VIF), Regressions 9.1
Entire sample East-Asia & Sub-Saharan
Collinearity Statistics Pacific Collinearity Statistics Africa Collinearity Statistics
Tolerance VIF Tolerance VIF Tolerance VIF
(Constant) (Constant) (Constant)
SW 0,50 1,98 SW 0,32 3,12 SW 0,45 2,20
GDPcap 0,55 1,83 GDPcap 0,11 8,78 GDPcap 0,76 1,31 SWxGDPcap 0,32 3,09 SWxGDPcap 0,12 8,24 SWxGDPcap 0,39 2,54 Female in Workforce 0,92 1,08 Female in Workforce 0,77 1,30 Female in Workforce 0,92 1,08 M2/GDP 0,73 1,37 M2/GDP 0,54 1,84 M2/GDP 0,76 1,31 Inflation 0,94 1,06 Inflation 0,88 1,13 Inflation 0,65 1,54 Real Interest Rate 0,95 1,05 Real Interest Rate 0,89 1,12 Real Interest Rate 0,62 1,62 Polity2 0,92 1,09 Polity2 0,93 1,08 Polity2 0,91 1,10 DummyGross 0,73 1,38 DummyGross 0,75 1,34 DummyGross 0,90 1,11 DummyIncome 0,62 1,62 DummyIncome 0,59 1,68 DummyIncome 0,62 1,62 DummyHousehold 0,83 1,20 DummyHousehold 0,69 1,44 DummyHousehold 0,63 1,58 Dependent Variable: Ginitimes100 Dependent Variable: Ginitimes100 Dependent Variable: Ginitimes100
Latin-America & South-Asia Middle-East &
Caribbean Collinearity Statistics Collinearity Statistics North-Africa Collinearity Statistics
Tolerance VIF Tolerance VIF Tolerance VIF
(Constant) (Constant) (Constant)
SW 0,33 3,06 SW 0,07 13,65 SW 0,30 3,31
15
Table A.7.2.2 Collinearity statistics, Variance Inflation Factors (VIF), Regression 9.2
Entire sample
Collinearity Statistics Collinearity Statistics
Tolerance VIF Tolerance VIF
(Constant) (Constant) arablandpw 0,75 1,33 arablandpw 0,74 1,34 cappw 0,76 1,32 cappw 0,74 1,35 NatResource 0,90 1,11 NatResource 0,90 1,11 schoolyears 0,58 1,72 noed 0,56 1,80 sw 0,72 1,40 sw 0,71 1,41 swXarablandpw 0,82 1,21 swXarablandpw 0,81 1,23 swXnatresource 0,91 1,10 swXnatresource 0,91 1,10 swXcappw 0,76 1,31 swXcappw 0,74 1,35 swXschoolyears 0,60 1,67 swXnoed 0,57 1,74 FemaleinWorkforce 0,83 1,20 FemaleinWorkforce 0,84 1,20 M2/GDP 0,72 1,39 M2/GDP 0,73 1,37 Inflation 0,97 1,03 Inflation 0,98 1,02 Polity2 0,83 1,20 Polity2 0,83 1,21 DummyGross 0,72 1,38 DummyGross 0,72 1,38 DummyIncome 0,61 1,65 DummyIncome 0,61 1,64 DummyHousehold 0,83 1,21 DummyHousehold 0,83 1,21 Dependent Variable: Ginitimes100 Dependent Variable: Ginitimes100
Collinearity Statistics Collinearity Statistics
Tolerance VIF Tolerance VIF
16
Table A.7.2.3 Collinearity statistics, Variance Inflation Factors (VIF), Separate Regions,
Regressions 9.2
East-Asia & Sub-Saharan
Pacific Africa
Collinearity Statistics Collinearity Statistics
Tolerance VIF Tolerance VIF
(Constant) (Constant) arablandpw 0,60 1,67 arablandpw 0,45 2,21 cappw 0,03 34,78 cappw 0,71 1,41 NatResource 0,45 2,23 NatResource 0,42 2,38 schoolyears 0,19 5,31 schoolyears 0,62 1,60 sw 0,23 4,44 sw 0,48 2,08 swXarablandpw 0,35 2,84 FemaleinWorkforce 0,78 1,28 swXnatresource 0,48 2,07 M2/GDP 0,71 1,42 swXcappw 0,03 32,17 Inflation 0,88 1,13 swXschoolyears 0,16 6,13 Polity2 1,19 FemaleinWorkforce 0,56 1,80 DummyGross 0,90 1,11 M2/GDP 0,70 1,43 DummyIncome 0,62 1,62 Inflation 0,76 1,32 DummyHousehold 0,63 1,58 Polity2 0,67 1,49 swXarablandpw 0,46 2,19 DummyGross 0,70 1,43 swXnatresource 0,41 2,43 DummyIncome 0,55 1,82 swXcappw 0,62 1,61 DummyHousehold 0,68 1,47 swXschoolyears 0,61 1,63 Dependent Variable: Ginitimes100 Dependent Variable: Ginitimes100
Latin-America & South-Asia Middle-East &
Caribbean North-Africa
Collinearity Statistics Collinearity Statistics Collinearity Statistics
Tolerance VIF Tolerance VIF Tolerance VIF
(Constant) (Constant) (Constant)
arablandpw 0,67 1,48 arablandpw 0,17 5,87 arablandpw 0,31 3,23 cappw 0,65 1,53 cappw 0,26 3,79 NatResource 0,43 2,30 NatResource 0,70 1,43 NatResource 0,57 1,76 schoolyears 0,39 2,54 schoolyears 0,49 2,04 schoolyears 0,17 5,79 sw 0,54 1,86
sw 0,50 2,01 sw 0,03 28,61 swXarablandpw 0,34 2,92
swXarablandpw 0,94 1,06 swXarablandpw 0,06 16,62 swXnatresource 0,51 1,98 swXnatresource 0,77 1,29 swXnatresource 0,19 5,33 swXschoolyears 0,51 1,98 swXcappw 0,73 1,38 swXcappw 0,43 2,32 FemaleinWorkforce 0,61 1,64 swXschoolyears 0,39 2,57 swXschoolyears 0,48 2,08 M2/GDP 0,43 2,30 FemaleinWorkforce 0,57 1,74 FemaleinWorkforce 0,26 3,82 Inflation 0,61 1,64 M2/GDP 0,67 1,50 M2/GDP 0,39 2,56 Polity2 0,45 2,21 Inflation 0,95 1,06 Inflation 0,72 1,40 DummyGross 0,82 1,22 Polity2 0,68 1,48 Polity2 0,28 3,54 DummyIncome 0,92 1,09 DummyGross 0,68 1,47 DummyGross 0,58 1,72 DummyHousehold 0,88 1,14 DummyIncome 0,66 1,51 DummyIncome 0,32 3,11 Dependent Variable: Ginitimes100 DummyHousehold 0,94 1,06 DummyHousehold 0,39 2,54
Dependent Variable: Ginitimes100 Dependent Variable: Ginitimes100
17
Table A.7.2.4 Variance Inflation Factors with intolerable variables left out.
East-Asia Pacific South-Asia
Collinearity Statistics Collinearity Statistics
Tolerance VIF Tolerance VIF
18
Table A.8.1, Regression results South-Asia without GDP per Capita variable due to
collinearity concerns.
South-Asia Unstandardized Coefficients t Sig. Collinearity Statistics B Tolerance VIF (Constant) 3453,06 23,37 0,00 SW 330,91 2,88 0,00 0,10 9,57 SWxGDPcap -0,09 -1,64 0,10 0,12 8,68 FemaleinWorkforce -5,94 -1,84 0,07 0,52 1,92 M2/GDP -6,87 -3,94 0,00 0,52 1,92 Inflation 3,90 0,96 0,34 0,86 1,16Real Interest Rate 2,97 0,82 0,41 0,92 1,09
Polity2 1,41 0,59 0,56 0,69 1,45
DummyGross -51,02 -0,99 0,32 0,62 1,61
DummyIncome 597,36 8,49 0,00 0,34 2,92
DummyHousehold 172,15 2,76 0,01 0,42 2,37
Dependent Variable: Ginitimes100
19
Table A.8.2 Regression results East-Asia & Pacific without interaction term between
Sachs-Warner and Capital
per Worker due to collinearity concerns
1. HC= Av Yearsschooling B t Sig. 2. HC= NOEDs B t Sig.
(Constant) 3321,17 23,35 0,00 (Constant) 3342,10 23,48 0,00 arablandpw 178,87 2,67 0,01 arablandpw 179,03 2,64 0,01 cappw -0,01 -2,67 0,01 cappw -0,02 -2,95 0,00 NatResource 3,48 2,78 0,01 NatResource 3,30 2,75 0,01 schoolyears 3,33 0,32 0,75 noed 0,35 0,33 0,74 sw 69,80 1,63 0,10 sw 72,75 1,71 0,09 swXarablandpw -65,81 -0,75 0,45 swXarablandpw -75,59 -0,86 0,39 swXnatresource -0,12 -0,05 0,96 swXnatresource 0,49 0,21 0,84 swXschoolyears -30,28 -1,39 0,16 swXnoed 1,96 0,90 0,37 FemaleinWorkforce 2,63 1,07 0,29 FemaleinWorkforce 2,07 0,84 0,40 M2/GDP 2,94 6,05 0,00 M2/GDP 2,86 5,97 0,00 Inflation -0,06 -0,18 0,86 Inflation -0,11 -0,34 0,74 Polity2 9,18 4,40 0,00 Polity2 9,09 4,36 0,00 DummyGross 133,95 1,72 0,09 DummyGross 136,64 1,75 0,08 DummyIncome 271,99 4,21 0,00 DummyIncome 273,17 4,22 0,00 DummyHousehold 392,82 7,63 0,00 DummyHousehold 391,85 7,59 0,00 Dependent Variable: Ginitimes100 Dependent Variable: Ginitimes100
3. HC= BASEDs 4. HC=SKILD B t Sig. B t Sig. (Constant) 3398,12 24,01 0,00 (Constant) 3276,40 23,23 0,00 arablandpw 206,50 3,01 0,00 arablandpw 167,19 2,54 0,01 cappw -0,02 -4,58 0,00 cappw -0,01 -2,10 0,04 NatResource 3,27 2,79 0,01 NatResource 3,95 3,31 0,00 based -3,09 -1,76 0,08 skilld 4,53 1,88 0,06 sw 64,13 1,44 0,15 sw 56,98 1,39 0,16 swXarablandpw -87,12 -0,98 0,33 swXarablandpw -86,87 -0,99 0,32 swXnatresource 0,88 0,38 0,71 swXnatresource -0,31 -0,13 0,90 swXbased 0,88 0,24 0,81 swXskild -10,88 -2,48 0,01 FemaleinWorkforce 1,16 0,48 0,63 FemaleinWorkforce 3,55 1,45 0,15 M2/GDP 2,83 5,88 0,00 M2/GDP 2,83 5,98 0,00 Inflation -0,21 -0,66 0,51 Inflation 0,04 0,13 0,90 Polity2 8,94 4,31 0,00 Polity2 10,02 4,73 0,00 DummyGross 135,34 1,73 0,08 DummyGross 134,29 1,72 0,09 DummyIncome 272,41 4,21 0,00 DummyIncome 277,32 4,30 0,00 DummyHousehold 393,84 7,63 0,00 DummyHousehold 384,23 7,46 0,00 Dependent Variable: Ginitimes100 Dependent Variable: Ginitimes100
20
Table A.8.3, Regression results South-Asia without interaction term between Sachs-Warner
and Arable Land
per Worker due to collinearity concerns
1. HC= Av Yearsschooling B t Sig. 2. HC= NOEDs B t Sig.
(Constant) 3477,77 21,04 0,00 (Constant) 3440,19 20,41 0,00 arablandpw -35,59 -0,26 0,80 arablandpw -31,35 -0,22 0,82 cappw -0,02 -2,47 0,01 cappw -0,02 -2,08 0,04 NatResource -2,19 -0,60 0,55 NatResource -3,67 -1,00 0,32 schoolyears 41,79 2,43 0,02 noed -3,00 -1,50 0,13 sw 100,40 1,01 0,31 sw 138,15 1,33 0,18 swXnatresource -3,65 -0,56 0,57 swXnatresource -2,04 -0,30 0,76 swXcappw 0,01 0,31 0,76 swXcappw 0,00 -0,06 0,95 swXschoolyears -49,65 -1,64 0,10 swXnoed 2,51 0,76 0,45 FemaleinWorkforce -6,02 -1,38 0,17 FemaleinWorkforce -5,83 -1,32 0,19 M2/GDP -6,69 -3,35 0,00 M2/GDP -6,73 -3,33 0,00 Inflation 3,51 0,84 0,40 Inflation 2,42 0,57 0,57 Polity2 -3,17 -0,90 0,37 Polity2 0,18 0,05 0,96 DummyGross -66,01 -1,26 0,21 DummyGross -68,58 -1,29 0,20 DummyIncome 636,43 8,91 0,00 DummyIncome 630,62 8,74 0,00 DummyHousehold 183,31 2,87 0,00 DummyHousehold 177,00 2,75 0,01 Dependent Variable: Ginitimes100 Dependent Variable: Ginitimes100
21
Table A.8.4, Regression results Latin-America & Caribbean without interaction term between
Sachs-Warner
and Capital per Worker for comparability purposes with East-Asia & Pacific
1. HC= Av Yearsschooling B t Sig. 2. HC= NOEDs B t Sig.
(Constant) 4451,83 49,36 0,00 (Constant) 4451,2 49,69 0,00 arablandpw 26,89 1,57 0,12 arablandpw 25,98 1,52 0,13 cappw 0,00 1,52 0,13 cappw 0,00 1,57 0,12 NatResource -2,06 -5,39 0,00 NatResource -2,08 -5,42 0,00 schoolyears -20,29 -2,99 0,00 noed 2,16 2,91 0,00 sw 33,45 1,38 0,17 sw 40,53 1,70 0,09 swXarablandpw 52,66 1,39 0,16 swXarablandpw 58,12 1,54 0,12 swXnatresource 0,04 0,05 0,96 swXnatresource 0,00 0,00 1,00 swXschoolyears 23,01 1,99 0,05 swXnoed -1,91 -1,49 0,14 FemaleinWorkforce 0,51 0,33 0,74 FemaleinWorkforce 0,81 0,53 0,6 M2/GDP -2,73 -3,41 0,00 M2/GDP -2,73 -3,41 0,00 Inflation 0,04 2,43 0,02 Inflation 0,04 2,34 0,02 Polity2 -3,44 -2,24 0,03 Polity2 -3,50 -2,27 0,02 DummyGross 137,85 1,58 0,11 DummyGross 130,87 1,50 0,13 DummyIncome 648,78 9,83 0,00 DummyIncome 643,59 9,75 0,00 DummyHousehold -178,06 -4,57 0,00 DummyHousehold -176,66 -4,54 0,00 Dependent Variable: Ginitimes100 Dependent Variable: Ginitimes100
22
Table A.9.1 Kurtosis and Skewness for Regressions 9.1
Entire sample East-Asia & Pacific South-Asia
Kurtosis Skewness Kurtosis Skewness Kurtosis Skewness
sw -1,84 -0,20 -1,64 -0,64 0,70 1,49 GDPcap 5,31 1,84 2,56 1,71 2,46 1,08 swxGDPcap 4,58 1,82 1,37 1,33 5,62 2,26 FemaleinWorkforce -0,55 -0,22 -1,58 0,00 -0,07 1,05 M2/GDP 2,68 1,56 -0,80 0,31 -1,19 -0,32 Inflation 10,86 2,93 -0,54 0,49 1,51 0,51
Real Interest Rate 6,15 0,57 -0,77 -0,04 0,04 -0,25
Polity2 -1,64 -0,12 -0,91 0,66 0,94 -1,54
DummyGross 0,30 -1,52 4,65 -2,55 -2,06 -0,31
DummyIncome -1,94 -0,28 -0,75 -1,13 -1,46 0,81
DummyHousehold 0,88 1,69 -1,92 0,39 -0,55 1,22
Middle-East &
North-Africa Sub-Saharan Africa
Latin-America & Caribbean
Kurtosis Skewness Kurtosis Skewness Kurtosis Skewness
sw -1,09 -0,99 -1,60 0,57 -1,07 -0,80 GDPcap 0,83 -1,02 10,75 3,07 1,33 0,84 swxGDPcap -1,89 -0,34 6,05 2,56 0,04 0,46 FemaleinWorkforce 0,29 -0,34 -0,64 -0,45 -0,39 0,40 M2/GDP -0,80 0,74 2,53 1,40 0,45 0,53 Inflation 1,08 1,29 3,61 1,97 7,35 2,17
Real Interest Rate 0,54 -0,66 2,85 -1,52 2,78 0,63
Polity2 -0,01 0,87 -0,17 1,00 0,56 -1,36
DummyGross -0,76 -1,19 -1,62 -0,67 6,91 -2,96
DummyIncome . . 1,21 1,78 1,41 -1,84
23
Table A.9.2 Kurtosis and Skewness for Regressions 9.2
Entire sample East-Asia & Pacific South-Asia
Kurtosis Skewness Kurtosis Skewness Kurtosis Skewness
sw -1,86 0,08 sw -0,04 -1,37 sw 3,29 2,06
arablandpw 1,64 1,05 arablandpw -1,62 -0,11 arablandpw -1,14 -0,36 cappw -0,36 0,81 cappw 1,65 0,90 cappw -0,59 1,03 NatResource 0,44 -0,03 NatResource 2,59 -0,83 NatResource -1,33 0,14 noed -0,39 -0,01 noed -0,60 -0,19 noed -0,83 -0,26 based -0,19 0,11 based 1,86 -1,21 based -0,92 0,45 skilld -0,13 0,55 skilld -0,85 0,66 skilld -0,73 -0,34 schoolyears 0,04 -0,15 schoolyears -0,94 0,00 schoolyears -0,03 -0,69 swXarablandpw 2,12 0,16 swXarablandpw -0,08 -0,67 swXarablandpw 4,54 -1,99 swXnatresource 1,92 -1,06 swXnatresource 0,24 0,50 swXnatresource 3,05 -1,83 swXcappw 1,25 0,73 swXcappw -0,78 -0,09 swXcappw 0,99 -1,35 swXschoolyears -0,09 0,79 swXschoolyears -0,97 0,06 swXschoolyears -0,08 0,60 swXnoed 0,47 -0,82 swXnoed -0,15 -0,72 swXnoed 1,84 -0,59 swXbased 1,60 0,99 swXbased -1,15 -0,36 swXbased 2,45 0,65 swXskild 0,79 1,01 swXskild 1,47 1,50 swXskild -0,27 0,31 FemaleinWorkforce -0,53 0,19 FemaleinWorkforce -1,76 -0,50 FemaleinWorkforce -1,11 0,49 M2/GDP 2,88 1,34 M2/GDP -0,63 0,55 M2/GDP -1,43 0,00 Inflation 9,08 2,67 Inflation -0,70 0,55 Inflation 1,15 0,66 Polity2 -1,04 -0,73 Polity2 -0,42 -0,41 Polity2 5,85 -2,59 DummyGross 0,42 -1,55 DummyGross . . DummyGross -2,14 0,15 DummyIncome -1,56 -0,67 DummyIncome 1,67 -1,87 DummyIncome -1,73 0,63 DummyHousehold -0,90 1,06 DummyHousehold 1,67 -1,87 DummyHousehold -1,46 0,81
Middle-East & North-Africa Sub-Saharan Africa Latin-America & Caribbean
Kurtosis Skewness Kurtosis Skewness Kurtosis Skewness
sw -1,74 0,47 sw -2,13 0,04 sw -1,81 -0,19
arablandpw -0,31 -0,19 arablandpw -0,75 0,81 arablandpw 1,79 0,99 cappw -3,73 0,40 cappw -0,38 0,87 cappw -0,94 0,41 NatResource 1,88 1,50 NatResource 0,07 1,35 NatResource -0,40 -0,26
noed -2,37 0,17 noed -1,06 0,37 noed -0,52 -0,08