Model 1 Model 2 Model 3 Model 4 Model 5
Lagged PCEC 0.341***
(0.0547)
0.337***
(0.0471)
0.391***
(0.0522)
0.384***
(0.0487)
0.541***
(0.0618)
Flood magnitude -0.004***
(0.0024)
-0.034***
(0.0174)
-0.007***
(0.0114)
-0.052**
(0.0231)
-0.067***
(0.0514)
Flood duration -0.001
(0.0021)
-0.003
(0.0011)
-0.0009
(0.0005)
-0.0011
(0.0041)
Drought dummy -0.251**
(0.2214)
-0.271***
(0.2647)
-0.294***
(0.3214)
Population affected 0.674
(0.8841)
0.714
(0.9147)
Per capita growth 0.023***
(0.0232)
Observations 432 432 432 432 432
Number of states 18 18 18 18 18
Num of instruments 14 14 13 13 12
AR (1) 0.001 0.001 0.002 0.001 0.003
AR (2) 0.654 0.691 0.724 0.784 0.841
Hansen P value 0.884 0.865 0.872 0.897 0.921