| 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 | -1.6861 | < .0001 | 0.9861 | 0.8711 | -0.5812 | < .0001 | 0.9515 | 0.3601 |
Reform | -43.0000 | 0.0012 | 0.7159 | 0.8860 | -13.2143 | 0.0215 | 0.4416 | 0.9867 |
Multivariate Analyses | Â | Â | Â | Â | Â | Â | Â | Â |
1st model | Â | Â | 0.9847 | 0.9320 | Â | Â | 0.9654 | 0.9120 |
Time Trend | -1.7376 | < .0001 | Â | Â | -0.6653 | < .0001 | Â | Â |
plus Reform Years | 0.1528 | 0.6338 | Â | Â | 0.4154 | 0.0792 | Â | Â |
2nd model | Â | Â | 0.9894 | 0.9859 | Â | Â | 0.9606 | 0.9508 |
Time Trend | -2.2924 | 0.0002 | Â | Â | -0.7879 | 0.0539 | Â | Â |
plus Reform Years | 0.6455 | 0.1165 | Â | Â | 0.4759 | 0.1271 | Â | Â |
plus GDP per capita | 0.0069 | 0.0886 | Â | Â | 0.0038 | 0.7183 | Â | Â |