Changes from previous version
- Added real GDP to final coverage regression
- Added region dummies to the final coverage regression
Coverage regressions
|
|
|
|
Dependent variable:
|
|
|
|
|
|
coverage
|
|
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
|
|
|
pre_coverage
|
1.147***
|
1.055***
|
1.105***
|
0.955***
|
1.018***
|
0.784***
|
0.830***
|
0.645***
|
0.590***
|
|
|
(0.117)
|
(0.114)
|
(0.119)
|
(0.123)
|
(0.124)
|
(0.132)
|
(0.144)
|
(0.143)
|
(0.118)
|
|
|
|
|
|
|
|
|
|
|
|
|
rGDPg2020
|
|
-0.010**
|
|
-0.009**
|
|
-0.006
|
|
-0.006
|
|
|
|
|
(0.005)
|
|
(0.004)
|
|
(0.004)
|
|
(0.004)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
log_deaths
|
|
|
0.032**
|
|
0.026*
|
|
0.010
|
|
0.027
|
|
|
|
|
(0.015)
|
|
(0.015)
|
|
(0.014)
|
|
(0.017)
|
|
|
|
|
|
|
|
|
|
|
|
|
dig_id
|
|
|
|
0.184***
|
0.159**
|
|
|
|
|
|
|
|
|
|
(0.068)
|
(0.072)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
dig_reg
|
|
|
|
|
|
0.244***
|
0.239***
|
0.255***
|
0.173**
|
|
|
|
|
|
|
|
(0.063)
|
(0.066)
|
(0.058)
|
(0.070)
|
|
|
|
|
|
|
|
|
|
|
|
|
eap
|
|
|
|
|
|
|
|
0.179**
|
0.253***
|
|
|
|
|
|
|
|
|
|
(0.084)
|
(0.087)
|
|
|
|
|
|
|
|
|
|
|
|
|
log_gdp
|
|
|
|
|
|
|
|
|
0.044
|
|
|
|
|
|
|
|
|
|
|
(0.034)
|
|
|
|
|
|
|
|
|
|
|
|
|
regionECA
|
|
|
|
|
|
|
|
|
-0.044
|
|
|
|
|
|
|
|
|
|
|
(0.069)
|
|
|
|
|
|
|
|
|
|
|
|
|
regionLAC
|
|
|
|
|
|
|
|
|
0.066
|
|
|
|
|
|
|
|
|
|
|
(0.075)
|
|
|
|
|
|
|
|
|
|
|
|
|
regionMENA
|
|
|
|
|
|
|
|
|
-0.089
|
|
|
|
|
|
|
|
|
|
|
(0.075)
|
|
|
|
|
|
|
|
|
|
|
|
|
regionSAR
|
|
|
|
|
|
|
|
|
0.044
|
|
|
|
|
|
|
|
|
|
|
(0.105)
|
|
|
|
|
|
|
|
|
|
|
|
|
regionSSA
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Constant
|
0.131***
|
0.112***
|
0.025
|
0.010
|
-0.044
|
0.052**
|
0.030
|
0.040*
|
-0.382
|
|
|
(0.028)
|
(0.026)
|
(0.051)
|
(0.042)
|
(0.049)
|
(0.024)
|
(0.045)
|
(0.021)
|
(0.244)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Observations
|
83
|
83
|
83
|
83
|
83
|
83
|
83
|
83
|
82
|
|
R2
|
0.506
|
0.533
|
0.546
|
0.569
|
0.572
|
0.642
|
0.637
|
0.679
|
0.727
|
|
Adjusted R2
|
0.499
|
0.521
|
0.535
|
0.553
|
0.556
|
0.628
|
0.623
|
0.662
|
0.693
|
|
Residual Std. Error
|
0.224 (df = 81)
|
0.219 (df = 80)
|
0.216 (df = 80)
|
0.211 (df = 79)
|
0.211 (df = 79)
|
0.193 (df = 79)
|
0.194 (df = 79)
|
0.184 (df = 78)
|
0.175 (df = 72)
|
|
F Statistic
|
82.817*** (df = 1; 81)
|
45.589*** (df = 2; 80)
|
48.158*** (df = 2; 80)
|
34.817*** (df = 3; 79)
|
35.259*** (df = 3; 79)
|
47.176*** (df = 3; 79)
|
46.173*** (df = 3; 79)
|
41.201*** (df = 4; 78)
|
21.271*** (df = 9; 72)
|
|
|
|
Note:
|
p<0.1; p<0.05; p<0.01
|
Spending regressions
|
|
|
|
Dependent variable:
|
|
|
|
|
|
coverage
|
|
|
(1)
|
(2)
|
(3)
|
(4)
|
|
|
|
pre_spending
|
0.116***
|
0.079***
|
0.110***
|
0.052
|
|
|
(0.027)
|
(0.027)
|
(0.040)
|
(0.032)
|
|
|
|
|
|
|
|
expansion
|
|
0.993***
|
|
1.021***
|
|
|
|
(0.092)
|
|
(0.088)
|
|
|
|
|
|
|
|
non_ct_spending
|
|
|
0.538
|
2.233
|
|
|
|
|
(1.954)
|
(1.437)
|
|
|
|
|
|
|
|
Constant
|
0.284***
|
0.116***
|
0.276***
|
0.078**
|
|
|
(0.042)
|
(0.032)
|
(0.048)
|
(0.031)
|
|
|
|
|
|
|
|
|
|
Observations
|
61
|
60
|
61
|
60
|
|
R2
|
0.161
|
0.666
|
0.162
|
0.683
|
|
Adjusted R2
|
0.146
|
0.655
|
0.133
|
0.666
|
|
Residual Std. Error
|
0.280 (df = 59)
|
0.178 (df = 57)
|
0.282 (df = 58)
|
0.175 (df = 56)
|
|
F Statistic
|
11.287*** (df = 1; 59)
|
56.917*** (df = 2; 57)
|
5.589*** (df = 2; 58)
|
40.285*** (df = 3; 56)
|
|
|
|
Note:
|
p<0.1; p<0.05; p<0.01
|