brazil gdp per capita Ln GDP

cpi
1995 4827.152442635
8.4820120164 66.007876308
1996 5144.643659559
8.5457113863 15.757436097
1997 5260.463812824
8.5679744792 6.9253169449
1998 5065.336705037
8.5301758913 3.1985918912
1999 3461.612858213
8.1494899034 4.8579662413
2000 3728.508010015
8.2237634353 7.0447024511
2001 3135.155229077
8.0504339667 6.8378307571
2002 2805.717257231
7.9394144919 8.4502206964
2003 3040.506495588
8.0197793909 14.715325826
2004 3596.224579761
8.1876398463 6.5991248472
2005 4730.653468382
8.4618186259 6.8673495803
2006 5808.34054716
8.6670501889 4.1836805315
2007 7246.870104791
8.888324945 3.6370279337
2008 8706.819141904
9.071861807 5.6630985193
2009 8474.881065766
9.0448618986 4.8864084443
2010 11121.42095415
9.3166283433 5.0383169462
2011 13039.12164996
9.4757094751 6.6361986569
2012 12157.30821765
9.4056857673 5.4019647498
2013 12071.77798714
9.398625610 6.2018996126
2014 11728.79938751
9.3698025824 6.3320923421

Gross Capital Formation(% of GDP)

population growth percentage
19.1775140953
1.5445668176
17.2670085158
1.5534756784
17.7639905513
1.555075397
18.1646948025
1.5500115548
17.3895455686
1.5344017209
18.9031209422
1.5093876977
18.7417727907
1.486708135
17.4490256504
1.4611952841
16.8567089515
1.415948328
17.9125015962
1.3463713299
17.2048628388
1.2615782568
17.8165141422
1.1704420455
19.8193336453
1.0880805032
21.6193758897
1.0244720742
18.796114058
0.986850983
21.8013159547
0.9677965583
21.8137769345
0.9537653812
21.4124187043
0.935181982
21.7312287981
0.9136878641
20.8645211884
0.8863600831

ln op
openness
2.8113683682 16.632662261
2.7495479441 15.635562138
2.8079668113 16.576181428
2.7996354354 16.438652727
3.0436714033 20.98213588
3.1197084726 22.639778566
3.2934748661 26.93630126
3.3184811837 27.618371454
3.3372077489 28.140441724
3.3904145586 29.678253097
3.299045254 27.086765589
3.259697919 26.041669261
3.2305100612 25.292554433
3.3053327794 27.257610852
3.0958479487 22.105975326
3.114288415 22.517401607
3.1661675382 23.716417699
3.211282217 24.810878768
3.2439503585 25.634788595
3.2231649548 25.107458535

SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
ANOVA
Regression
Residual
Total

Intercept
cpi
Gross Capital Formation(% of GDP)
population growth percentage
ln op

atistics
0.9914318506
0.9829371143
0.9783870115
0.0764514144
20

df

SS
MS
F
Significance F
4 5.0505138 1.262628446 216.02525206 0.00000000000046
15 0.0876723 0.005844819
19 5.1381861

Coefficients Standard Error

13.3877
0.6814
-0.0016
0.0015
0.0688
0.0175
-1.7530
0.1344
-1.2076
0.1082

t Stat
19.6459
-1.1119
3.9204
-13.0395
-11.1580

P-value
0.0000
0.2837
0.0014
0.0000
0.0000

Lower 95%
11.9352
-0.0048
0.0314
-2.0396
-1.4383

Upper 95% Lower 95.0% Upper 95.0%

14.8401
11.9352
14.8401
0.0015
-0.0048
0.0015
0.1062
0.0314
0.1062
-1.4665
-2.0396
-1.4665
-0.9769
-1.4383
-0.9769

india

gdp per capita ln GDP

cpi
1995 381.5274622181 5.9441828 8.977149
1996 408.2417746859 6.0118596 7.164254
1997 424.0864737915 6.0499374 13.23084
1998 421.8215900675 6.0445825 4.669821
1999 451.0891442306 6.1116650 4.009434
2000 452.4135846697 6.1145968 3.684807
2001 460.8261999487 6.1330210
4.3922
2002 480.6214421667 6.1750799 3.805866
2003 557.8973658865 6.3241750 3.767238
2004 640.6005221609 6.4624061 4.246353
2005 729.0007270401 6.5916747 6.145522
2006 816.7337761989 6.7053132 6.369997
2007 1050.024801123 6.9565691 8.351816
2008 1022.577591953 6.9300818 10.87739
2009 1124.519445508 7.0251111 11.9923
2010 1387.880084013 7.2355327 8.857845
2011 1455.666778513 7.2832193 9.312446
2012 1444.266597568 7.2753569 10.90764
2013 1456.201628168 7.2835867 6.353195
2014 1576.817668873 7.3631640 5.872427

Gross Capital Formation(% of GDP)

population growth percentage
26.0533376568
1.9197827026
22.0573958386
1.8983951499
24.5132644527
1.8741882876
23.51398918
1.8454968225
26.8238793704
1.8109010333
24.1147468364
1.7721144436
25.5728150171
1.7321769513
24.9682845869
1.6929647253
26.1381718026
1.6538681869
32.45413968
1.6153773193
34.2796353569
1.5772214293
35.8716874502
1.5402576075
38.0341856339
1.5029339058
35.5254040557
1.4629006878
36.2969636192
1.419375347
36.5284267026
1.374351006
39.5775054751
1.3284010968
38.2616600306
1.2858320372
34.6611738617
1.2511906262
34.0928500195
1.2267302957

ln op
openness
3.1123295094 22.473335
3.0704472732 21.55154
3.1014224285 22.229549
3.1480677523 23.291017
3.1940874728 24.387909
3.2747756589 26.437294
3.2404521358 25.545269
3.367298943 29.00009
3.4033678572 30.065185
3.6070577 36.857447
3.7209881599 41.30519
3.8132583113 45.297793
3.8039074182 44.876192
3.9564127447 52.269485
3.8172058231 45.47696
3.8776038175 48.308321
4.0186457488 55.625724
4.020924372 55.752618
3.9820228285
53.6254
3.8877212953 48.79956

SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
ANOVA
Regression
Residual
Total
Coefficients
Intercept
cpi
Gross Capital Formation(% of GDP)
population growth percentage
ln op

istics
0.993051
0.986151
0.982458
0.069018
20

df

SS
MS
F
Significance F
4 5.087797 1.271949 267.0243 9.66E-014
15 0.071451 0.004763
19 5.159249

Coefficients
Standard Error t Stat
10.48339 1.197423 8.754959
0.016895 0.006142 2.750802
0.023256 0.010682 2.177024
-2.187675 0.275655 -7.93627
-0.349096 0.287238 -1.215352

P-value Lower 95%Upper 95%

Lower 95.0%
Upper 95.0%
0.00 7.931142 13.03564 7.931142 13.03564
0.01 0.003804 0.029987 0.003804 0.029987
0.05 0.000487 0.046025 0.000487 0.046025
0.00 -2.77522 -1.600129 -2.77522 -1.600129
0.24 -0.96133 0.263138 -0.96133 0.263138

per 95.0%

gdp per capita ln gdp

cpi
1995 607.5685831223 6.40947
1996 707.0297713023 6.56107
1997 778.9439057255 6.65794
1998 825.5479570821 6.71605
1999 869.6548820827 6.76810
2000 954.5522917304 6.86124
2001 1047.477862869 6.95414
2002 1141.757644375 7.04032
2003 1280.602854808 7.15509
2004 1498.173795625 7.31200
2005 1740.09672638 7.46170
2006 2082.183362501 7.64117
2007 2673.294190935 7.89107
2008 3441.22135457 8.14358
2009 3800.474541613 8.24288
2010 4514.940520134 8.41515
2011 5574.187093369 8.62590
2012 6264.64387794 8.74268
2013 6991.853865644 8.85250
2014 7587.289731663 8.93423

16.90
8.32
2.81
-0.84
-1.41
0.26
0.72
-0.77
1.16
3.88
1.82
1.46
4.75
5.86
-0.70
3.31
5.41
2.62
2.63
2.00

population growth
Gross Capital Formation(% of GDP)
percentage
ln op openness
41.6656
1.0865 3.65 38.442625
40.2179
1.0481 3.52 33.71947
37.7291
1.0235 3.52 33.951114
36.8907
0.9596 3.45 31.631161
36.5366
0.8659 3.50 33.148866
34.9209
0.7880 3.67 39.361251
36.0653
0.7264 3.64 38.25469
37.6564
0.6700 3.75 42.46062
40.9791
0.6229 3.94 51.611838
43.0381
0.5939 4.09 59.446509
41.8820
0.5881 4.14 62.896418
42.7068
0.5584 4.17 64.769458
41.3937
0.5223 4.13 62.280566
43.6699
0.5124 4.04 56.802054
47.5837
0.4974 3.77 43.586613
47.3471
0.4830 3.90 49.382769
47.1665
0.4792 3.93 51.14093
47.3249
0.4872 3.89 48.670284
47.6781
0.4937 3.85 47.137435
46.1988
0.5063 3.81 45.088328

SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

0.9683254
0.937654
0.9198409
0.2274869
19

ANOVA
df
Regression
Residual
Total

Intercept
cpi
Gross Capital Formation(% of GDP)
population growth percentage
ln op

SS
4 10.896196
14 0.724504
18
11.6207

Coefficients
Standard Error
10.952114 2.8881166
0.0153233 0.0220538
0.0805942 0.0244378
-3.340289 0.7853551
-1.198149 0.4720106

MS
F
Significance F
2.724049 52.638335 2.77E-008
0.0517503

t Stat
3.7921303
0.6948132
3.2979352
-4.253222
-2.538394

P-value Lower 95% Upper 95%Lower 95.0%

Upper 95.0%
0.0019814 4.7577205 17.146508 4.7577205 17.146508
0.4985423 -0.031977 0.062624 -0.031977 0.062624
0.0052839 0.0281804 0.133008 0.0281804 0.133008
0.0008031 -5.024708 -1.65587 -5.024708 -1.65587
0.0236434 -2.210511 -0.185787 -2.210511 -0.185787

russia
gdp per capita lnpgdp
1995
2665.74
1996
2643.90
1997
2737.56
1998
1834.85
1999
1330.75
2000
1771.59
2001
2100.36
2002
2375.06
2003
2975.13
2004
4102.37
2005
5323.47
2006
6920.19
2007
9101.26
2008
11635.27
2009
8562.81
2010
10675.00
2011
14212.08
2012
15154.47
2013
15543.70
2014
13902.14

cpi
7.89
7.88
7.91
7.51
7.19
7.48
7.65
7.77
8.00
8.32
8.58
8.84
9.12
9.36
9.06
9.28
9.56
9.63
9.65
9.54

197.47
47.74
14.77
27.67
85.74
20.78
21.46
15.79
13.68
10.86
12.68
9.69
8.99
14.11
11.67
6.84
8.43
5.08
6.78
7.81

Gross Capital Formation(% of GDP)

population growth percentage
ln op
25.44
0.03 4.01
23.67
-0.15 3.87
21.98
-0.17 3.86
14.96
-0.17 4.02
14.83
-0.31 4.24
18.69
-0.42 4.22
21.95
-0.42 4.11
20.05
-0.46 4.09
20.86
-0.45 4.08
20.90
-0.40 4.04
20.08
-0.38 4.04
21.17
-0.33 4.00
24.16
-0.17 3.95
25.50
-0.04 3.98
18.93
0.03 3.88
22.62
0.04 3.92
23.09
0.08 3.88
22.94
0.17 3.87
21.13
0.21 3.86
21.09
0.22 3.88

openness
55.18
47.92
47.26
55.77
69.39
68.09
61.11
59.71
59.13
56.58
56.71
54.73
51.71
53.38
48.44
50.36
48.37
47.98
47.64
48.45

SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

0.991299
0.982674
0.976486
782.6086
20

ANOVA
df
Regression
Residual
Total

Intercept
lnpgdp
cpi
Gross Capital Formation(% of GDP)
population growth percentage
ln op

SS
5 4.9E+008
14 8574667
19 4.9E+008

Coefficients
Standard Error
-81450.44 12931.95
4309.903 537.8497
-22.75054 7.503796
100.429 99.38877
10891.17 1998.607
12964.96 3179.276

MS
97266156
612476.2

F
Significance F
158.808 8.1556880E-012

t Stat
-6.298387
8.013211
-3.031871
1.010467
5.449382
4.07796

P-value
Lower 95%
1.96E-005 -109186.724922
1.34E-006 3156.33007512
0.008967 -38.8445861642
0.329418 -112.73868299
8.57E-005 6604.58740074
0.00113 6146.09097126

Upper 95%
-53714.161568
5463.4758812
-6.6565027375
313.59675485
15177.757872
19783.829078

Lower 95.0%
-109186.72492
3156.3300751
-38.844586164
-112.73868299
6604.5874007
6146.0909713

Upper 95.0%
-53714.161568
5463.4758812
-6.6565027375
313.59675485
15177.757872
19783.829078

safrica gdp per capita ln

1995
3973.93
1996
3690.18
1997
3728.33
1998
3288.20
1999
3183.15
2000
3099.13
2001
2705.78
2002
2540.97
2003
3807.12
2004
4901.12
2005
5453.19
2006
5668.39
2007
6161.22
2008
5817.28
2009
5916.25
2010
7392.87
2011
8081.42
2012
7590.03
2013
6881.79
2014
6472.10

gdp cpi
Gross Capital Formation(% of GDP)
8.29 8.68
19.17
8.21 7.35
18.04
8.22 8.60
17.72
8.10 6.88
17.99
8.07 5.18
17.04
8.04 5.34
16.37
7.90 5.70
15.74
7.84 9.16
16.28
8.24 5.86
17.11
8.50 1.39
18.47
8.60 3.40
18.31
8.64 4.64
20.19
8.73 7.10
20.99
8.67 11.54
23.01
8.69 7.13
20.73
8.91 4.26
19.51
9.00 5.00
19.14
8.93 5.65
20.09
8.84 5.45
20.12
8.78 6.38
20.35

population growth percentage

2.16
2.23
2.29
2.35
2.41
2.48
2.05
1.19
1.28
1.31
1.34
1.37
1.40
1.43
1.46
1.49
1.52
1.55
1.58
1.62

ln op openness
3.78
43.61
3.84
46.67
3.85
46.85
3.89
48.90
3.85
46.86
3.94
51.44
4.00
54.80
4.09
59.76
3.94
51.40
3.93
51.08
3.97
53.15
4.10
60.28
4.15
63.68
4.29
72.87
4.01
55.42
4.03
55.99
4.09
60.02
4.11
60.74
4.16
64.22
4.16
64.36

SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations

0.9137367712
0.8349148871
0.7908921903
0.1667820638
20

ANOVA
df
Regression
Residual
Total

Intercept
cpi
Gross Capital Formation(% of GDP)
population growth percentage
ln op

4
15
19

SS
2.1102030177
0.4172438519
2.5274468696

Coefficients
4.8197819992
-0.0721053626
0.1613788052
-0.0364520467
0.278164162

Standard Error
1.7269738066
0.0190085442
0.027280157
0.1229609295
0.4416948712

MS
F
Significance F
0.5275507544 18.965555229 9.8595548E-006
0.0278162568

t Stat
2.7908830932
-3.7933132444
5.9156113132
-0.2964522702
0.6297654334

P-value
Lower 95%
Upper 95%
Lower 95.0%
0.0137095328
1.138824464 8.5007395344 1.138824464
0.0017672257 -0.1126211155 -0.03158961 -0.1126211155
2.83461E-005
0.103232527 0.2195250834 0.103232527
0.7709498612 -0.2985370641 0.2256329707 -0.2985370641
0.5383232677 -0.6632861704 1.2196144944 -0.6632861704

Upper 95.0%
8.5007395344
-0.0315896096
0.2195250834
0.2256329707
1.2196144944

china
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
1995
1996
1997
1998
1999

gdp per capita LNPGDP

cpi
607.5685831223
6.4094650629 16.897064
707.0297713023
6.5610727743 8.3240151
778.9439057255
6.6579390352 2.8068432
825.5479570821
6.7160473563 -0.844626
869.6548820827
6.7680964457 -1.407892
954.5522917304
6.8612424261 0.2553048
1047.477862869
6.9541405183 0.7229025
1141.757644375
7.0403241474 -0.765949
1280.602854808
7.1550862264 1.1559097
1498.173795625
7.3120021758 3.8841826
1740.09672638
7.4616959805 1.8216478
2082.183362501
7.6411723157 1.463189
2673.294190935
7.8910667703 4.7502966
3441.22135457
8.1435817323 5.8643837
3800.474541613
8.2428812173 -0.702949
4514.940520134
8.4151472919 3.3145459
5574.187093369
8.6259017728 5.4108501
6264.64387794
8.7426770226 2.6249209
6991.853865644
8.8525010169 2.6271186
7587.289731663
8.9342297225 1.9968471
4827.152442635
8.4820120164 66.007876
5144.643659559
8.5457113863 15.757436
5260.463812824
8.5679744792 6.9253169
5065.336705037
8.5301758913 3.1985919
3461.612858213
8.1494899034 4.8579662
3728.508010015
8.2237634353 7.0447025
3135.155229077
8.0504339667 6.8378308
2805.717257231
7.9394144919 8.4502207
3040.506495588
8.0197793909 14.715326
3596.224579761
8.1876398463 6.5991248
4730.653468382
8.4618186259 6.8673496
5808.34054716
8.6670501889 4.1836805
7246.870104791
8.888324945 3.6370279
8706.819141904
9.071861807 5.6630985
8474.881065766
9.0448618986 4.8864084
11121.42095415
9.3166283433 5.0383169
13039.12164996
9.4757094751 6.6361987
12157.30821765
9.4056857673 5.4019647
12071.77798714
9.3986256096 6.2018996
11728.79938751
9.3698025824 6.3320923
381.5274622181
5.944182833 8.9771491
408.2417746859
6.0118595839 7.1642536
424.0864737915
6.0499373821 13.230841
421.8215900675
6.0445824523 4.669821
451.0891442306
6.111664979 4.009434

2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007

452.4135846697
460.8261999487
480.6214421667
557.8973658865
640.6005221609
729.0007270401
816.7337761989
1050.024801123
1022.577591953
1124.519445508
1387.880084013
1455.666778513
1444.266597568
1456.201628168
1576.817668873
2665.739721896
2643.897696498
2737.556662341
1834.846937333
1330.75146395
1771.58660191
2100.36238594
2375.059043945
2975.132778349
4102.372293549
5323.473876556
6920.194397836
9101.256706089
11635.27423799
8562.813696954
10674.99720242
14212.08088502
15154.47227883
15543.69783804
13902.1428503
3973.932382814
3690.178479052
3728.333991861
3288.203765256
3183.149769062
3099.131613696
2705.78020448
2540.971221966
3807.115745587
4901.121316489
5453.192814036
5668.386770908
6161.217951306

6.1145967718
6.1330209653
6.1750799377
6.3241750134
6.4624060523
6.5916747293
6.7053131864
6.956569063
6.9300817696
7.0251110638
7.2355327425
7.2832193417
7.2753569268
7.2835867001
7.3631639613
7.8882368673
7.8800095075
7.9148210725
7.5147163441
7.1934990721
7.4796308093
7.6498651736
7.7727775768
7.9980439484
8.3193206935
8.5798813535
8.8421991404
9.1161677825
9.3617966455
9.055184118
9.275659576
9.5618476484
9.6260509673
9.6514105517
9.5397982691
8.2875114081
8.2134301042
8.2237167619
8.0980967267
8.065626479
8.0388772266
7.9031455802
7.8403016578
8.2446271593
8.497219298
8.6039565536
8.6426598361
8.7260297564

3.6848073
4.3921997
3.8058659
3.7672385
4.2463533
6.1455224
6.3699967
8.3518164
10.877391
11.992297
8.8578453
9.3124456
10.907643
6.3531945
5.8724266
197.47138
47.741667
14.766766
27.674841
85.741782
20.776341
21.457865
15.792001
13.67972
10.860955
12.68334
9.6871089
8.9913282
14.112228
11.669725
6.8353598
8.4281759
5.0780142
6.7764579
7.8128951
8.6804253
7.3541259
8.5977702
6.8805528
5.1814907
5.3389533
5.7019006
9.1640379
5.8589799
1.3853818
3.3992999
4.6416249
7.0984198

2008
2009
2010
2011
2012
2013
2014

5817.2783903
5916.254357381
7392.868752274
8081.417175325
7590.028438351
6881.794742186
6472.101027346

8.6685878008
8.6854588177
8.9082711324
8.9973225291
8.9345906172
8.8366347606
8.7752560685

11.536451
7.13
4.2623435
4.9955102
5.653583
5.4452795
6.375259

POOLED REGRESSION FOR BRICS

Gross Capital Formation(% of GDP)
population growth percentage
41.6656033555
1.0865091509
40.2179334743
1.0481415141
37.7290553258
1.0234500242
36.8907104662
0.9595504063
36.5365787131
0.865851393
34.9209180938
0.787956593
36.0653448251
0.7263806378
37.6564023735
0.6699995678
40.9791410073
0.6228609361
43.0380919756
0.5939328151
41.8819702973
0.5881249896
42.706758697
0.5583743674
41.393736834
0.5222718664
43.669948417
0.5123869316
47.5837179845
0.4973814009
47.3471486147
0.4829596887
47.1665347121
0.4791504542
47.3249080999
0.487231118
47.6780902151
0.4937096335
46.1988414363
0.5063115918
19.1775140953
1.5445668176
17.2670085158
1.5534756784
17.7639905513
1.555075397
18.1646948025
1.5500115548
17.3895455686
1.5344017209
18.9031209422
1.5093876977
18.7417727907
1.486708135
17.4490256504
1.4611952841
16.8567089515
1.415948328
17.9125015962
1.3463713299
17.2048628388
1.2615782568
17.8165141422
1.1704420455
19.8193336453
1.0880805032
21.6193758897
1.0244720742
18.796114058
0.986850983
21.8013159547
0.9677965583
21.8137769345
0.9537653812
21.4124187043
0.935181982
21.7312287981
0.9136878641
20.8645211884
0.8863600831
26.0533376568
1.9197827026
22.0573958386
1.8983951499
24.5132644527
1.8741882876
23.51398918
1.8454968225
26.8238793704
1.8109010333

24.1147468364
25.5728150171
24.9682845869
26.1381718026
32.45413968
34.2796353569
35.8716874502
38.0341856339
35.5254040557
36.2969636192
36.5284267026
39.5775054751
38.2616600306
34.6611738617
34.0928500195
25.4392719636
23.6676959857
21.9765208111
14.9642531183
14.8304030519
18.6938786684
21.9497741402
20.0505697575
20.8589584803
20.9012750794
20.0774969175
21.1715918033
24.1645140336
25.5012197087
18.9263757356
22.615050552
23.0863226609
22.9411617889
21.1309367226
21.0861311414
19.1666580845
18.040019367
17.715131357
17.9914958432
17.0351096335
16.3653328528
15.7446066434
16.2779764518
17.105889416
18.466584605
18.3149734776
20.1904861023
20.9941121354

1.7721144436
1.7321769513
1.6929647253
1.6538681869
1.6153773193
1.5772214293
1.5402576075
1.5029339058
1.4629006878
1.419375347
1.374351006
1.3284010968
1.2858320372
1.2511906262
1.2267302957
0.0267775061
-0.145469155
-0.1653194409
-0.1655119367
-0.3094767345
-0.4205669753
-0.4241510281
-0.4600613049
-0.4537198597
-0.4026137603
-0.3814736962
-0.3273187064
-0.1710240422
-0.0439422615
0.0301140671
0.0448873898
0.0779670985
0.1683015908
0.212923595
0.217632655
2.1622086724
2.2251783928
2.2881468168
2.3511164004
2.4140850776
2.4770521875
2.0465019274
1.1916275859
1.280989462
1.3101366676
1.3394981357
1.3690888364
1.3989234298

23.0055080862
20.725158208
19.5129684295
19.1435203811
20.0935926875
20.1210654708
20.3527617501

1.4290162307
1.4593811738
1.4900317779
1.5209811109
1.5522417544
1.5838257681
1.615744656

lnop
DB
3.6491668795
3.5180754059
3.5249216629
3.4541427494
3.5010085139
3.6727818582
3.6442661747
3.7485770696
3.9437510631
4.0850768971
4.1414892196
4.1708341642
4.131649439
4.0395724788
3.7747500731
3.899601559
3.9345851601
3.8850686573
3.8530674845
3.8086234018
2.8113683682
2.7495479441
2.8079668113
2.7996354354
3.0436714033
3.1197084726
3.2934748661
3.3184811837
3.3372077489
3.3904145586
3.299045254
3.259697919
3.2305100612
3.3053327794
3.0958479487
3.114288415
3.1661675382
3.211282217
3.2439503585
3.2231649548
3.1123295094
3.0704472732
3.1014224285
3.1480677523
3.1940874728

DI
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
0
0
0
0
0

DC
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
1

DR
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

openness
38.442625
33.71947
33.951114
31.631161
33.148866
39.361251
38.25469
42.46062
51.611838
59.446509
62.896418
64.769458
62.280566
56.802054
43.586613
49.382769
51.14093
48.670284
47.137435
45.088328
16.632662
15.635562
16.576181
16.438653
20.982136
22.639779
26.936301
27.618371
28.140442
29.678253
27.086766
26.041669
25.292554
27.257611
22.105975
22.517402
23.716418
24.810879
25.634789
25.107459
22.473335
21.55154
22.229549
23.291017
24.387909

3.2747756589
3.2404521358
3.367298943
3.4033678572
3.6070577
3.7209881599
3.8132583113
3.8039074182
3.9564127447
3.8172058231
3.8776038175
4.0186457488
4.020924372
3.9820228285
3.8877212953
4.0106686924
3.869597641
3.8556051046
4.0212852393
4.239797
4.2208940759
4.112687602
4.0894605577
4.079709135
4.0356883048
4.0380078429
4.0024741605
3.9455762029
3.9774823408
3.8802239529
3.9191079575
3.8788805011
3.8707902044
3.8636086162
3.8804346978
3.7753083296
3.8430438555
3.8468506738
3.8897057981
3.8472053057
3.9403732723
4.0037215653
4.0904146752
3.9396740867
3.9333539415
3.9731012456
4.0989544551
4.153919508

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0

26.437294
25.545269
29.00009
30.065185
36.857447
41.30519
45.297793
44.876192
52.269485
45.47696
48.308321
55.625724
55.752618
53.6254
48.79956
55.183759
47.9231
47.257204
55.772741
69.393763
68.094339
61.110738
59.707674
59.128269
56.581852
56.713248
54.733402
51.706123
53.382466
48.435061
50.355505
48.370035
47.980285
47.636945
48.44527
43.610953
46.667307
46.8453
48.896499
46.861915
51.437798
54.801719
59.764669
51.401846
51.078003
53.149104
60.277232
63.683118

4.288613733
4.0149092205
4.0251549894
4.0946986368
4.1065816129
4.1623666744
4.1645494771

0
0
0
0
0
0
0

0
0
0
0
0
0
0

0
0
0
0
0
0
0

0
0
0
0
0
0
0

72.865388
55.418264
55.988986
60.021248
60.738734
64.223339
64.363679

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.922902
R Square 0.851748
Adjusted R 0.838714
Standard Er0.406482
Observatio
100
ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
8 86.38392 10.79799 65.35226 2.13E-034
91 15.0357 0.165228
99 101.4196

Coefficients
Standard Error t Stat
Intercept 9.444446 1.206355 7.82891
cpi
-0.008974 0.002022 -4.438183
Gross Capi 0.143966 0.01443 9.97718
population -0.329774 0.18609 -1.772116
lnop
-0.765449 0.273692 -2.796748
DB
-0.601481 0.31983 -1.880627
DI
-3.980012 0.291981 -13.63106
DC
-4.738913 0.429099 -11.04388
DR
-0.736975 0.380704 -1.935821

P-value Lower 95%Upper 95%

Lower 95.0%
8.65E-012 7.04817 11.84072 7.04817
2.54E-005 -0.01299 -0.004958 -0.01299
2.85E-016 0.115304 0.172629 0.115304
0.079722 -0.69942 0.039872 -0.69942
0.006298 -1.309105 -0.221792 -1.309105
0.063221 -1.236785 0.033822 -1.236785
1.05E-023 -4.559996 -3.400027 -4.559996
1.73E-018 -5.591264 -3.886561 -5.591264
0.055994 -1.493196 0.019247 -1.493196

Upper 95.0%
11.84072
-0.004958
0.172629
0.039872
-0.221792
0.033822
-3.400027
-3.886561
0.019247