(1) (2) (3) (4) (5) (6)
Relative transfer rate$_{t-1}$ −0.31* −0.29* −0.35* −0.25* −0.49* −0.32*
(0.04) (0.04) (0.04) (0.04) (0.05) (0.04)
$\Delta$ Top-end inequality 2.67 −0.48 4.10* 10.18* 5.51 8.67*
(5.40) (7.39) (0.76) (0.69) (3.62) (1.49)
Top-end inequality$_{t-1}$ 0.74 −2.57 1.97* 3.40* 0.69 3.49*
(2.25) (3.30) (0.37) (0.54) (1.72) (0.71)
$\Delta$ Bottom-end inequality 0.44 0.73 −0.25* −0.22* 3.81* 4.79*
(0.52) (0.67) (0.10) (0.09) (0.75) (0.24)
Bottom-end inequality$_{t-1}$ −0.08 −0.14 0.06 0.07 1.00 1.56*
(0.43) (0.57) (0.07) (0.07) (0.56) (0.28)
$\Delta$Partisanship (left) −0.03 −0.15 0.05 0.04 0.09 −0.07
(0.82) (1.05) (0.11) (0.09) (0.59) (0.19)
Partisanship (left)$_{t-1}$ −0.06 −0.15 −0.00 −0.02 0.23* 0.06*
(0.10) (0.12) (0.02) (0.01) (0.06) (0.02)
$\Delta$Capital market openness 5.24 5.36 0.24 0.21 −9.92* −0.18
(4.33) (5.44) (0.76) (0.63) (4.93) (1.61)
Capital market openness$_{t-1}$ −3.71* −4.87* 0.44 0.40 0.30 0.23
(1.65) (2.21) (0.26) (0.22) (1.45) (0.45)
$\Delta$Trade openness −7.42 −6.28 1.78 1.21 −3.02 −1.90
(5.67) (7.32) (0.91) (0.79) (3.62) (1.46)
Trade openness$_{t-1}$ 1.85 1.75 0.52 0.51 0.55 −0.31
(2.51) (3.25) (0.36) (0.31) (1.29) (0.57)
$\Delta$Public goods consumption −70.29 16.19* 66.16*
(52.37) (4.68) (11.01)
Public goods consumption$_{t-1}$ −21.91 3.71 29.03*
(27.20) (2.75) (6.62)
R2 0.159 0.155 0.250 0.404 0.331 0.676
Num.Obs. 576 576 576 576 576 576