Determinants of digital technology development in sub-Saharan African countries: evidence from panel data analysis

Energy Informatics

Table 3 Fixed effect result

Digital Technology index	Coef	St.Err	t-value	Sig
International migration	0.6995	0.093	2.91	***
Foreign direct investment	0.019	0.02	1.08
Easy of doing business index	0.038	0.02	3.59	**
GDP per capita	0.008	0.013	0.67
Government final consumption expenditure	0.0527	0.012	2.06	***
International trade	− 0.01	0.00	− 2.71	*
Employment	0.03	0.00	4.34	***
Logistics performance index	0.31	0.16	2.15	**
Inflation	0.003	0.00	1.57	**
Investment	0.003	0.02	− 0.50
Access to managed drinking water	0.06	0.01	4.69	***
Access to Electricity	0.02	0.01	3.22	***
Life expectancy rate	0.111	0.01	10.64	***
Human capital index	10.597	0.83	12.77	***
Financial development	0.019	0.004	4.54	***
Constant	− 7.637	1.863	− 5.29	***
Year dummies				Yes
Observations				243
R-squared				0.515
Number of countries	16