Table 3 Results of panel multiple regression using fixed and random effects model in the sample of high focus states in India.

lnPCPHE_it

0.034***

 − 0.107**

 − 0.063

 − 0.586***

0.079*

0.051

0.070

0.067

0.123**

(0.005)

(0.049)

(0.046)

(0.180)

(0.046)

(0.048)

(0.047)

(0.053)

(0.062)

lnPCGSDP_it

0.062***

 − 0.406***

 − 0.860***

 − 0.184

 − 0.414***

 − 0.441***

 − 0.366***

 − 0.409***

 − 0.394***

(0.009)

(0.072)

(0.080)

(0.268)

(0.068)

(0.071)

(0.069)

(0.078)

(0.093)

lnINFRA_it

 − 0.011

 − 0.210*

 − 0.517***

1.111***

 − 0.203*

 − 0.213*

 − 0.150

 − 0.221*

 − 0.274*

(0.014)

(0.114)

(0.150)

(0.408)

(0.107)

(0.112)

(0.109)

(0.124)

(0.146)

Constant

3.339***

8.201***

10.942***

7.043***

6.411***

6.924***

6.031***

6.396***

5.753***

(0.067)

(0.526)

(0.597)

(2.037)

(0.497)

(0.517)

(0.506)

(0.572)

(0.676)

Hausman test

1.48

16.47***

18.55***

0.23

9.28**

6.13*

8.17**

9.75**

11.11**

State’s FE

NO

Yes

Yes

NO

Yes

Yes

Yes

Yes

Yes

R-squared

0.890

0.507

0.844

0.171

0.010

0.112

0.100

0.077

0.071

F-test

697.58***

63.69***

184.51***

65.33***

24.70***

31.80***

18.64***

19.54***

8.99***

No. of obs

96

216

120

216

216

216

216

216

216

No. of States

8

18

10

18

18

18

18

18

18