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Table 1 Election cycles and humanitarian aid: donor panel. Dependent variable: humanitarian aid (log, in const. USD) (1) (II) (III) (IV) (V) (VI) =1 one
Table 1 Election cycles and humanitarian aid: donor panel. Dependent variable: humanitarian aid (log, in const. USD) (1) (II) (III) (IV) (V) (VI) =1 one year before elections 0.17- 0.10 0.17* 0.11 0.13 0.14"* (0.07) (0.04) (0.07) (0.08) (0.08) (0.05) Change in GNI per capita -1.17 2.16 -0.43 (2.13) (3.96) (1.97) Unemployment 0.07 0.00 0.02 (0.10) (0.04) (0.04) Fixed date election sample Yes Yes Yes No No No N 143 125 143 169 166 309 R-squared (within) 0.21 0.21 0.22 0.40 0.38 0.25 All regressions include donor and year fixed effects, Columns (1)-(III) use the sample of donors with fixed election dates and Columns () and (V) use the sample of donors with- out fixed election dates and Column (VI) uses the full sample. The sample in Column (II) excludes the US. Cluster-robust standard errors at the donor level are reported in parenthe- sis. Significance levels: ": 10%; ": 5%; "; 1X. (a) (2 points) Is there evidence of convergence reported in this table? (b) (3 points) Describe the relationship between elections and humanitarian aid focusing on Column (1). Comment also on statistical significance. (c) (3 points) Compare the regression results reported in Column (1) with the regression results reported in Column (III). What is the difference? Why do the authors include the Column (III) regression in addition to the Column (1) regression? Carefully explain. d) (2 points) What is the R" in the regression reported in Column (1)? What does this number mean? Explain
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