Determinants of Human Capital Development in Ethiopia: Implications to Education Policy

Table 7

Long-run coefficients: the dependent variable is the log of life expectancy at birth (years).

Variable	Coefficient	Std. error	t statistic	Prob.
LOGCPI	−0.007799	0.002224	−3.506512	0.0021
LOGGDPPC	−0.002167	0.003569	−0.607042	0.5503
OPENESS	0.000441	0.000098	4.485175	0.0002
K_L_GROWTH	−0.085090	0.050185	−1.695534	0.1048
EDUEXPGOV	0.000586	0.000244	2.401045	0.0257
POLICY	−0.002062	0.002259	−0.912729	0.3717
C	0.032568	0.014120	2.306475	0.0314

Note. indicates the rejection of the null hypothesis at a 5% significance level. indicates the rejection of the null hypothesis at a 10% significance level.