Public Investments, Human Capital, and Political Stability: The Triptych of Economic Success

Table 7

Marginal contribution to based on the benchmark regression, 1990–2010.

Regressors	Marginal contribution to
Initial GDP per capita	1.45%
Initial human capital	8.62%
Public investments	16.35%
Private investments	4.91%
Government consumption	4.26%
Total	35.59%
Actual of the benchmark regression	33.73%

Marginal contribution to is explained as the difference between the from benchmark equation and the from estimating with each regressor in the first column deleted in turn. Total is not exactly equal to the due to some possible intercorrelation among the regressors [6].