| 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 | -3.4752 | < .0001 | 0.9806 | 0.0026 | -2.4630 | < .0001 | 0.9107 | 0.0711 |
Reform | -84.5000 | 0.0035 | 0.6357 | 0.9691 | -52.0952 | 0.0429 | 0.3467 | Â |
Multivariate Analyses | Â | Â | Â | Â | Â | Â | Â | Â |
1st model | Â | Â | 0.9984 | 0.5178 | Â | Â | 0.9633 | 0.7484 |
Time Trend | -4.1248 | < .0001 | Â | Â | -3.1069 | < .0001 | Â | Â |
plus Reform Years | 1.9478 | < .0001 | Â | Â | 3.1806 | 0.0095 | Â | Â |
2nd model | Â | Â | 0.9987 | 0.3387 | Â | Â | 0.9587 | 0.5262 |
Time Trend | -3.8282 | < .0001 | Â | Â | -2.4524 | 0.1433 | Â | Â |
plus Reform Years | 1.6747 | 0.0006 | Â | Â | 2.8573 | 0.0531 | Â | Â |
plus GDP per capita | -0.0037 | 0.1799 | Â | Â | -0.0203 | 0.6640 | Â | Â |