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Table 19 Macro correlates of the predicted transition duration from school—including Europe

From: Pathways from school to work in the developing world

  (1) (2) (3) (4) (5) (6) (7) (8)
Average duration from school to employment Average duration from school to stable employment Average duration from school to employment Average duration from school to stable employment
log GDP 2.152 3.354 −18.188 −10.959 −14.224** −16.978* −0.489 −8.367
(3.792) (3.945) (11.854) (11.828) (6.668) (8.294) (21.836) (25.427)
Pop. growth 12.023** 12.325** 31.240** 35.424** −3.265 −2.771 −1.737 3.279
(4.419) (4.505) (13.814) (13.509) (4.745) (5.012) (15.540) (15.364)
Poverty rate −11.144** −14.015** −30.190* −41.364** −13.193** −10.661* 5.235 15.898
(4.776) (5.050) (14.931) (15.142) (4.955) (5.953) (16.227) (18.250)
Minimum wage 4.163 4.172 13.540 12.604 4.428* 4.161* 2.273 1.135
(3.043) (3.028) (9.511) (9.079) (2.136) (2.213) (6.996) (6.784)
UI 5.281* 5.344 23.974** 28.423*** 6.015*** 4.908* 21.865*** 17.306**
(2.819) (3.162) (8.811) (9.481) (1.942) (2.426) (6.361) (7.439)
Years compulsory educ.   −5.485   −22.298**   0.499   −7.905
  (3.465)   (10.389)   (5.348)   (16.397)
Observations 34 34 34 34 34 34 34 34
R 2 0.409 0.467 0.521 0.603 0.801 0.811 0.823 0.852
Region fixed effects NO NO NO NO YES YES YES YES
  1. Notes. The table reports similar regressions to those in columns 1 to 4 of Tables 8 and 9 on a sample that also includes European countries. Standard errors in brackets. ***,**,*: significant at 1, 5, and 10 percent level, respectively