Table A3a. Open in new tab Conditional...

Table A3a.

Conditional correlations between share of cabinet posts held by left-wing Parties and several indicators of government spending

	gvt. primary balance	gvt. revenue	gvt. expenditure	gvt. gross debt
Left cabinet posts (in %)	0.019*	−0.026	−0.040**	0.15***
	(0.011)	(0.018)	(0.019)	(0.055)
GDP growth	0.375***	−0.257	−0.606**	0.223
	(0.126)	(0.260)	(0.266)	(0.608)
Inflation rate	−0.058	0.603	0.524	−3.498***
	(0.155)	(0.401)	(0.379)	(0.739)
Unemployment rate	−0.226***	0.907***	1.215***	0.582
	(0.075)	(0.211)	(0.229)	(0.359)
Tot. population, tsd	0.002*	0.013***	0.012***	−0.009
	(0.001)	(0.003)	(0.003)	(0.006)
Urbanization rate	−0.286*	−1.629***	−1.612***	0.743
	(0.155)	(0.385)	(0.375)	(0.914)
Age dependency ratio	−0.028	0.175	0.052	−0.912
	(0.138)	(0.331)	(0.314)	(0.722)
Intercept	−7.127	−50.999*	−30.653	184.735***
	(13.554)	(28.805)	(27.871)	(63.141)
N	61	61	61	61
Adj. R²	0.35	0.86	0.89	0.58

	gvt. primary balance	gvt. revenue	gvt. expenditure	gvt. gross debt
Left cabinet posts (in %)	0.019*	−0.026	−0.040**	0.15***
	(0.011)	(0.018)	(0.019)	(0.055)
GDP growth	0.375***	−0.257	−0.606**	0.223
	(0.126)	(0.260)	(0.266)	(0.608)
Inflation rate	−0.058	0.603	0.524	−3.498***
	(0.155)	(0.401)	(0.379)	(0.739)
Unemployment rate	−0.226***	0.907***	1.215***	0.582
	(0.075)	(0.211)	(0.229)	(0.359)
Tot. population, tsd	0.002*	0.013***	0.012***	−0.009
	(0.001)	(0.003)	(0.003)	(0.006)
Urbanization rate	−0.286*	−1.629***	−1.612***	0.743
	(0.155)	(0.385)	(0.375)	(0.914)
Age dependency ratio	−0.028	0.175	0.052	−0.912
	(0.138)	(0.331)	(0.314)	(0.722)
Intercept	−7.127	−50.999*	−30.653	184.735***
	(13.554)	(28.805)	(27.871)	(63.141)
N	61	61	61	61
Adj. R²	0.35	0.86	0.89	0.58

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

p < 0.10,

p < 0.05,

***

p < 0.01.

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