Aid 0.15* 0.29* 0.12 -0.48 (0.08) (0.16) (0.16) (0.78) -0.23* -0.23* -0.02 0.05 Consumption (0.12) (0.13) (0.10) (0.17) Savings -0.18 -0.12 -0.55** -0.27 (0.29) (0.18) (0.24) (0.51) Government -0.08 -0.04 -0.44 0.08 (0.29) (0.30) (0.37) (0.76) Imports -0.03 -0.06 -0.27 0.15 (0.09) (0.10) (0.18) (0.54) Export 0.16 0.13 0.31** 0.10 (0.16) (0.18) (0.14) (0.34) FDI -0.26* -0.23 0.52 -0.52 (0.13) (0.15) (0.66) (1.58) Remittances -0.65** -0.64 0.42 0.09 (0.30) (0.31) (0.33) (0.61) Population Growth -1.22 -1.26 0.59 1.75 (0.85) (0.85) (2.17) (2.87) R^2 0.97 0.96 0.93 0.89 Durban Watson 0.82 0.84 7.86 6.75 Jarque Bera 0.67 0.59 0.34 0.43 probability ***= significant at a 1% level **= significant at a 5% level *= significant at a 10% Table 3.3 Model 9 10 11 12 School School Labor- LS TSLS participation participation LS TSLS C 56.13*** 56.01*** 60.34*** 59.99*** (5.80) (7.60) (0.95) (0.59)
Aid 0.15* (0.08) 0.29* (0.16) 0.12 (0.16) -0.48 (0.78) Consumption -0.23* (0.12) -0.23* (0.13) -0.02 (0.10) 0.05 (0.17) Savings -0.18 (0.29) -0.12 (0.18) -0.55** (0.24) -0.27 (0.51) Government -0.08 (0.29) -0.04 (0.30) -0.44 (0.37) 0.08 (0.76) Imports -0.03 (0.09) -0.06 (0.10) -0.27 (0.18) 0.15 (0.54) Export 0.16 (0.16) 0.13 (0.18) 0.31** (0.14) 0.10 (0.34) FDI -0.26* (0.13) -0.23 (0.15) 0.52 (0.66) -0.52 (1.58) Remittances -0.65** (0.30) -0.64 (0.31) 0.42 (0.33) 0.09 (0.61) Population Growth -1.22 (0.85) -1.26 (0.85) 0.59 (2.17) 1.75 (2.87) R^2 0.97 0.96 0.93 0.89 Durban Watson 0.82 0.84 7.86 6.75 Jarque Bera probability 0.67 0.59 0.34 0.43 ***= significant at a 1% level **= significant at a 5% level *= significant at a 10% Table 3.3 Model 9 10 11 12 School LS School TSLS participation LS Labor- participation TSLS C 56.13*** (5.80) 56.01*** (7.60) 60.34*** (0.95) 59.99*** (0.59)
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