Table A2a. Open in new tab Conditional...

Table A2a.

Conditional correlations between share of cabinet posts held by left-wing parties and macroeconomic variables

	GDP growth	Inflation rate	Unemployment rate
Left cabinet posts (in %)	0.014**	0.015**	0.004
	(0.007)	(0.008)	(0.006)
Lagged dep. var.	0.096	0.347***	0.857***
	(0.074)	(0.108)	(0.060)
GDP growth		−0.154	−0.384***
		(0.148)	(0.092)
Inflation rate	−0.167		0.067
	(0.124)		(0.072)
Unemployment rate	−0.123	−0.340***
	(0.077)	(0.069)
GDP growth, OECD	0.725***	0.176	0.139*
	(0.092)	(0.129)	(0.080)
Inflation rate, OECD	0.129	0.381***	0.085*
	(0.094)	(0.056)	(0.045)
Unemployment rate, USA	−0.334**	0.033	0.048
	(0.130)	(0.129)	(0.095)
Intercept	2.617**	1.675**	0.491
	(0.987)	(0.797)	(0.857)
N	60	60	61
Adj. R²	0.75	0.82	0.94

	GDP growth	Inflation rate	Unemployment rate
Left cabinet posts (in %)	0.014**	0.015**	0.004
	(0.007)	(0.008)	(0.006)
Lagged dep. var.	0.096	0.347***	0.857***
	(0.074)	(0.108)	(0.060)
GDP growth		−0.154	−0.384***
		(0.148)	(0.092)
Inflation rate	−0.167		0.067
	(0.124)		(0.072)
Unemployment rate	−0.123	−0.340***
	(0.077)	(0.069)
GDP growth, OECD	0.725***	0.176	0.139*
	(0.092)	(0.129)	(0.080)
Inflation rate, OECD	0.129	0.381***	0.085*
	(0.094)	(0.056)	(0.045)
Unemployment rate, USA	−0.334**	0.033	0.048
	(0.130)	(0.129)	(0.095)
Intercept	2.617**	1.675**	0.491
	(0.987)	(0.797)	(0.857)
N	60	60	61
Adj. R²	0.75	0.82	0.94

Note: This table shows conditional correlations based on a multivariate regression between the share of cabinet posts held by left-wing parties and macroeconomic variables. Significance is indicated as follows:

p < 0.10,

p < 0.05,

***

p < 0.01.

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