Globalization and Health

Table 5 Effects of health care expenditures on infant mortality rate (MOR)

From: Health care expenditure and health outcome nexus: new evidence from the SAARC-ASEAN region

Model	Fixed Effect		Random Effect
C	10.1249 (52.39)^a	11.3396 (22.58)^a	10.0440 (47.78)^a	11.2206 (22.15)^a
LNTHE	−0.2683 (−7.05)^a		−0.2749 (−7.32)^a
LNPUB		−0.0833 (−2.79)^a		−0.0888 (−3.00)^a
LNPRI		−0.2383 (−2.59)^a		−0.2405 (−2.62)^a
LNGDP	−0.7840 (−17.51)^a	−0.8579 (− 18.48)^a	−0.7581 (− 18.12)^a	−0.8209 (− 18.89)^a
LNSAN	− 0.2124 (−4.59)^a	−0.1709 (− 3.43)^a	−0.2332 (−5.23)^a	−0.1996 (−4.14)^a
R-squared	0.9893	0.9879	0.8467	0.8267
F-Statistics	1495.82	1247.25	533.76	344.70
Observations	294	294	294	294
Cross-section included	15	15	15	15

Notes: ^{a, **,} and ^* denote significance level at 1, 5 and 10%, respectively. Figures in the parentheses are t-statistics

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