Table 1 Panel regression analysis estimates with fixed effects for the G7

chegdp

chegdp

chepc

chepc

chepcppp

chepcppp

gghed

gghed

oopspcppp

oopspcppp

oopsche

oopsche

−.0507*

−.0484

− 38.97

4.62

− 12.78

− 1.920

−.0834

.477

2.094

3.987

.164**

.229**

(.0276)

(.0433)

(24.97)

(36.66)

(12.32)

(19.65)

(.228)

(.432)

(1.879)

(3.219)

(.0650)

(.0971)

.000155***

.000170***

.202***

.225***

.231***

.255***

.00168***

.00198***

.0154***

.0169***

−.000178***

−7.25e-05

(2.81e-05)

(3.49e-05)

(.0254)

(.0295)

(.0125)

(.0158)

(.000232)

(.000348)

(.00191)

(.00259)

(6.61e-05)

(7.82e-05)

.0321

.0344

43.79

92.47

−23.41

− 2.185

−.873*

−.689

−9.396**

−4.997

−.245*

−.0956

(.0603)

(.0696)

(54.61)

(59.00)

(26.94)

(31.63)

(.498)

(.695)

(4.109)

(5.181)

(.142)

(.156)

.134***

.146***

87.39**

87.91*

113.0***

125.3***

.227

.182

.876

−.602

−.186*

−.0924

(.0411)

(.0527)

(37.25)

(44.64)

(18.38)

(23.93)

(.340)

(.526)

(2.803)

(3.920)

(.0969)

(.118)

−.0665

−.119

− 141.9

−288.0

− 364.9***

−464.8***

−7.235***

−7.824***

13.35

7.657

.464

−.468

(.161)

(.206)

(146.1)

(174.7)

(72.08)

(93.63)

(1.331)

(2.058)

(1.99)

(15.34)

(.380)

(.463)

.0313*

.0485**

−7.196

−12.09

6.089

8.356

.100

.0132

4.435***

5.285***

.141***

.159***

(.0173)

(.0203)

(15.71)

(17.18)

(7.751)

(9.207)

(.143)

(.202)

(1.182)

(1.508)

(.0409)

(.0455)

1.095**

− 1473***

131.6

−8.189

47.44

.655

(.496)

(42.4)

(225.3)

(4.953)

(36.91)

(1.113)

−.219

−319.3

−243.9

−3.741

−21.58

1.433*

(.351)

(297.7)

(159.6)

(3.508)

(26.14)

(.788)

3.560

3.647

8626

23,070*

22,949***

30,040***

577.3***

645.5***

− 1858**

− 1545

− 39.13

24.11

(1.77)

(13.94)

(9758)

(11,814)

(4814)

(6333)

(88.93)

(139.2)

(734.2)

(1037)

(25.39)

(31.28)

119

76

119

76

119

76

119

76

119

76

119

76

.749

.774

.811

.842

.942

.949

.431

.496

.907

.899

.239

.349

7

7

7

7

7

7

7

7

7

7

7

7