Table 2: Results of the estimation of econometric models.

Nobs Variables OLS SEM SAR SAC
  Constant -8998,644 -30346,320 37757,260 3496,734
(-0,80) (-2,57) (2,59) (0,23)
Demographic
1
2
3
4
5
6
Population density
Area demographic
Birth
Mortality
Crime
Child mortality
49.494
(8.65)
0,007
(2.73)
548.637
(0.84)
1330.747
(3.79)
184.417
(1.62)
-272.291
(-4.50)
40.923
7.41
0,003
(1.08)
1148.568
(1.81)
1847.187
(5.07)
142.218
(1.33)
-238.851
(-4.33)
52.690
(10.21)
0,005
(2.24)
451.741
(0.77)
507.889
(1.40)
128.799
(1.25)
-310.774
(-5.68)
55.328
(8.30)
0,007
(3.01)
150.535
(0.23)
829.569
(1.80)
212.209
(1.91)
-277.792
(-4.69)
Organizations and Agents
1 Sport clubs -1,839 -1,025 -2,014 -1,948
(-1,28) (-0,82) (-1,57) (-1,49)
2 Coaches 0,874 5,994 0,954 0,458
(0,32) (2,22) (0,39) (0,18)
3 Referees -1,333 -4,967 -1,304 -0,031
(-0,28) (-1,12) (-0,31) (-0,01)
4 Sport director 2,894 0,940 2,822 2,529
(2,82) (0,93) (3,08) (2,63)
Spending and Investment
5 Sports facilities -12,461 -6,561 -12,999 -12,496
(-4,1) (-1,85) (-4,78) (-3,97)
6 Capital spending -0,174 0,218 -0,165 -0,165
(-2,01) (2,85) (-2,13) (-2,03)
7 Current spending -0,102 0,041 -0,020 -0,062
(-0,49) (-0,22) (-0,11) (-0,31)
8 Culture and sport spending 0,115 0,096 0,096 0,099
(2,45) (2,31) (2,28) (2,31)
  Constant -8998,644 -30346,320 37757,260 3496,734
(-0,80) (-2,57) (2,59) (0,23)
Sport Policy
9 Socialist party 45,604 152,402 114,425 -16,517
(0,63) (1,53) (1,73) (-0,22)
10 Social-democratic party 248,015 267,340 189,760 265,921
(4,32) (4,05) (3,58) (3,72)
11 Communist party -124,933 -23,738 -200,873 -131,998
(-1,56) (-0,30) (-2,72) (-1,31)
12 Catholic Democratic party -334,988 -131,340 -654,104 -595,202
(-1,38) (-0,51) (-2,87) (-2,41)
13 Independent group 632,017 677,468 377,120 567,784
(2,57) (2,79) (1,66) (2,31)
Global Measures of Model Fit
  0,869      
  Log Likelihood   -2018,296 -2015,096 -2022,068
  Spatial error effect (Lambda)   -3,143   0,524
(-9,52) (-2,69)
  Spatial lag (Rho)     -1,198 -0,293
(-4,46) (-2,51)
  Observations 200 200 200 200

Note: z statistics in parentheses. The bold have statistically different coefficients from zero to a nominal significance level of 5%.