| Brazil | Colombia | ||||||
---|---|---|---|---|---|---|---|---|
 | Parameter Estimate | p-value | Adjusted R2 | Predictive Chow | Parameter Estimate | p-value | Adjusted R2 | Predictive Chow |
Bivariate Analyses | Â | Â | Â | Â | Â | Â | Â | Â |
Time Trend | -2.5285 | < .0001 | 0.9861 | 0.0041 | -1.4236 | < .0001 | 0.9298 | 0.1073 |
Reform | -61.6667 | 0.0032 | 0.6441 | 0.9573 | -30.8810 | 0.0339 | 0.0339 | 0.9938 |
Multivariate Analyses | Â | Â | Â | Â | Â | Â | Â | Â |
1st model | Â | Â | 0.9985 | 0.4627 | Â | Â | 0.9667 | 0.7786 |
Time Trend | -2.9222 | < .0001 | Â | Â | -1.7357 | < .0001 | Â | Â |
plus Reform Years | 1.1961 | < .0001 | Â | Â | 1.5415 | 0.0164 | Â | Â |
2nd model | Â | Â | 0.9987 | 0.3530 | Â | Â | 0.9624 | 0.5453 |
Time Trend | -2.7148 | < .0001 | Â | Â | -1.3746 | 0.1347 | Â | Â |
plus Reform Years | 0.9895 | 0.0018 | Â | Â | 1.3631 | 0.0805 | Â | Â |
plus GDP per capita | -0.0026 | 0.1978 | Â | Â | -0.0112 | 0.6608 | Â | Â |