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