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Table 9 Fully modified ordinary least squares test (with total factor productivity)

From: Health expenditure, child and maternal mortality nexus: a comparative global analysis

Income groups

Independent variables

IMR

MMR

U5MR

LFE

Coef.

SE

Coef.

SE

Coef.

SE

Coef.

SE

LY

HEPC

−0.02

0.03

−0.59*

0.29

0.24*

0.06

0.04*

0.01

TFP

0.77*

0.03

−1.12*

0.04

−0.32*

0.08

0.74*

0.02

LM

HEPC

−0.03*

0.00

0.01

0.04

−0.04*

0.01

0.02*

0.002

TFP

0.18*

0.02

0.29*

0.02

0.46*

0.03

0.18*

0.009

HM

HEPC

−0.01*

0.00

0.03*

0.003

−0.02*

0.00

−0.003

0.001

TFP

−0.16*

0.12

0.15*

0.06

−0.17*

0.02

−0.14

0.014

HY

HEPC

−0.00

0.00

0.001*

0.00

−0.00*

0.00

0.003

0.000

TFP

−0.18*

0.00

−0.30*

0.01

−0.22*

0.01

−0.59

0.012

  1. Notes: * Indicates significant at 5% confidence interval. Coef. indicates the coefficients and SE is the standard error. Lag orders were chosen using AIC criterion