Hello,

I am working on a small research assignment and trying to identify drivers of the corruption index and the rule of law index.

I included several variables which could have an impact on those indices and run two parallel OLS regressions (one for each index).

Now I am a bit confused when interpreting the coefficients exactly. I see their significance and their size but how big is the effect?

CPI2019
StartBusiness (days) -0.21
(0.12)
logPopulation 2.43
(1.24)
logMigrant -1.13
(2.01)
ExpEduc 10.05**
(03.74)


So the Corruption Index goes from 0 to 100, 100 beeing not corrupt at all.

Start Business is the time required to start a business in days for example. How do I interpret the -0.21? How the 2.43 from the log of Population?
Can I say one day increase in starting a business lowers the corruption value by 0.21 points??


Thank you very much!