Table 3 WPR vs demographic factors and the state of the business cycle
From: Market and political power interactions in Greece: an empirical investigation
Variable | Definition | Coefficient | t statistic | Probability |
|---|---|---|---|---|
Constant | 2.971321 | 24.63760 | 0.0000 | |
POPT25 | Population age 25+ with tertiary education | 0.000177 | 0.149244 | 0.8814 |
DEP_RATIO | Dependency ratio | − 0.013838 | − 8.552417 | 0.0000 |
URBAN_POP | Urban Population | − 0.014127 | − 17.34860 | 0.0000 |
YGAP | Output gap | − 0.137671 | − 0.247987 | 0.8042 |
Adjusted R-squared | 0.191372 | |||
No. of obs. | 797 |