Table 2 Result of Estimation (The Political Pressure Model)
|
Fiscal Year |
Expected income per day |
Share of households with |
Adjusted R square R^2 |
|
1980 |
-0.363852***(-3.00255) |
-1.002532***(-5.77202) |
0.503765 |
|
1981 |
-0.251741**(-2.57040) |
-0.859714***(-5.16702) |
0.443716 |
|
1982 |
-0.184163*(-1.86839) |
-0.867369***(-4.89194) |
0.402766 |
|
1983 |
-0.236255**(-2.41409) |
-0.825965***(-4.47391) |
0.433857 |
|
1984 |
-0.294446***(-2.90368) |
-0.898810***(-4.68543) |
0.473509 |
|
1985 |
-0.364873***(-3.411453) |
-0.910321***(-4.64972) |
0.503296 |
|
1986 |
-0.319392***(-3.30278) |
-0.957067***(-5.06892) |
0.517103 |
|
1987 |
-0.248964***(-3.56378) |
-0.778303***(-5.76498) |
0.577108 |
|
1988 |
-0.213605***(-3.65822) |
-0.789413***(-6.03306) |
0.601293 |
|
1989 |
-0.227878***(-3.90512) |
-0.762154***(-5.99149) |
0.633393 |
|
1990 |
-0.211456***(-3.67650) |
-0.704900***(-5.40015) |
0.610086 |
|
1991 |
-0.201192***(-4.01013) |
-0.683793***(-5.19517) |
0.634754 |
|
1992 |
-0.250787***(-3.95489) |
-0.641582***(-4.17073) |
0.605816 |
|
1993 |
-0.317816***(-4.22996) |
-0.739775***(-4.47477) |
0.652930 |
|
1994 |
-0.322426**(-2.53246) |
-1.115280***(-4.22778) |
0.502611 |
|
1995 |
-0.347100***(-2.91654) |
-0.993991***(-5.29453) |
0.542807 |
|
1996 |
-0.303561***(-3.15725) |
-0.881055***(-6.13591) |
0.588032 |
|
1997 |
-0.299818***(-3.08345) |
-0.859529***(-5.69315) |
0.581906 |
|
1998 |
-0.175921***(-2.84252) |
-0.651020***(-5.63132) |
0.565174 |
|
1999 |
-0.183496***(-3.16990) |
-0.604000***(-5.15015) |
0.565639 |
|
2000 |
-0.182533***(-3.47584) |
-0.583132***(-5.03141) |
0.573908 |
|
2001 |
-0.143168***(-3.06659) |
-0.516459***(-5.10857) |
0.540680 |
|
Note: |
1) Figures in the first and second columns are the scores of parameter coefficients. Those in | ||
parentheses are scores of t-statistics.
2) *P<0.1, **P<0.05 and ***P<0.01