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28
Table 2: Difference Regressions on Government Ideology Trends in 14 Developed Countries
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
∆
Ln(Inequality)
120.642**
128.598**
109.548***
110.780**
109.032***
111.194**
91.411
117.944**
(40.215)
(53.980)
(35.360)
(47.456)
(34.831)
(47.882)
(53.972)
(44.729)
∆
Unemployment
1.827***
2.021***
2.257***
2.500***
2.264***
2.488***
2.348***
2.157***
(0.254)
(0.312)
(0.432)
(0.536)
(0.429)
(0.547)
(0.542)
(0.474)
∆ GDP/Capita
-2.070*
-2.597*
-1.551
-2.035
-1.525
-2.094
-3.180
-4.636*
(1.151)
(1.359)
(1.047)
(1.353)
(1.045)
(1.353)
(2.069)
(2.580)
∆ Pop >=65
5.238
5.515
5.226
5.587
5.070
6.003
10.834
9.853
(4.145)
(4.021)
(4.210)
(4.227)
(4.577)
(4.278)
(7.152)
(7.537)
∆ Trade (% GDP)
-0.477
-0.608*
-0.480
-0.608*
-0.903*
-0.884
(0.315)
(0.330)
(0.317)
(0.337)
(0.506)
(0.577)
∆
Turnout
-7.844
22.125
16.495
18.008
(32.833)
(40.891)
(56.755)
(85.805)
∆
Union
Density
-0.503
-0.530
(0.808)
(1.019)
Constant
1.558
-3.317
1.668
-2.073
1.599
-2.022
1.518
-0.935
(2.074)
(5.899)
(2.158)
(5.956)
(2.033)
(5.939)
(4.079)
(7.772)
Time
Dummies
No
Yes
No
Yes
No
Yes
No
Yes
Observations
202
202
202
202
202
202
124
124
R-squared
0.19
0.23
0.21
0.26
0.21
0.26
0.26
0.29
Table of difference regressions showing effect of changes in independent variables between year t and t-3 on 3 year changes in government
ideology. Sample includes observations from 14 developed countries for year t between 1970 and 2000. Not all countries contain
observations in all years. Robust standard errors in parentheses clustered on country. * significant at 10%; ** significant at 5%;***
significant at 1%
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