Global Flow of Foreign Aid and Change in Recipients’ Local Labor Institutions
Table 3
Estimation results of regressing the overall labor institutional distance on different types of aid flow.
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Actual_Aid_All
−0.0015 (−0.401)
−0.0030 (−0.839)
Actual_Aid_Econ
−0.0666 (−2.152)
−0.0920 (−2.926)
Actual_Aid_Gov
0.0294 (2.027)
0.0237 (1.600)
Actual_Aid_Serv
−0.0342 (−0.849)
−0.0523 (−1.342)
Actual_Aid_Edu
0.00640 (0.585)
0.00340 (0.339)
LN_GDP
−1.3874 (−19.521)
−1.3864 (−19.522)
−1.3890 (−19.557)
−1.3884 (−19.548)
−1.3889 (−19.557)
LN_GDPC
1.2382 (31.409)
1.2385 (31.417)
1.2385(31.419)
1.2385 (31.420)
1.2385 (31.421)
Trade
0.0505 (6.640)
0.0506 (6.654)
0.0505 (6.641)
0.0506 (6.648)
0.0505 (6.643)
LifeExp
−0.1000 (−7.545)
−0.1007 (−7.595)
−0.1002 (−7.556)
−0.1002 (−7.557)
−0.1001 (−7.550)
Urban
−0.6091 (−22.439)
−0.6099 (−22.479)
−0.6086 (−22.431)
−0.6090 (−22.443)
−0.6087 (−22.432)
F statistics
187.3015
187.4500
187.4130
187.2692
187.2467
251.2803
251.3988
251.3283
251.2843
251.2479
Adjusted
0.8717
0.8717
0.8717
0.8717
0.8717
0.8785
0.8785
0.8785
0.8785
0.8785
Notes: All regressions include an intercept and are estimated by pooled OLS with White’s correction of heteroskedasticity. t-statistics are in parentheses. ,, and denote significance at 1%, 5%, and 10% levels, respectively. Time and pair-country-fixed effects are included in all regressions, but not reported. The number of observations across all specifications is 51,858.
