GZGDP

GZEIT

GZEDT

GZGDP (−1)

−0.121024

−0.684292

−0.318713

(0.44411)

(2.90355)

(1.76062)

[−0.27251]

[−0.23567]

[−0.18102]

GZGDP (−2)

0.087500

−6.139782

−2.257841

(0.42586)

(2.78419)

(1.68824)

[0.20547]

[−2.20523]

[−1.33739]

GZEIT (−1)

0.061832

−0.745881

−0.088741

(0.04603)

(0.30092)

(0.18247)

[1.34337]

[−2.47867]

[−0.48634]

GZEIT (−2)

0.035343

−0.939752

0.094195

(0.06860)

(0.44850)

(0.27196)

[0.51519]

[−2.09530]

[0.34636]

GZEDT (−1)

−0.091986

−0.112361

−0.781388

(0.08801)

(0.57537)

(0.34888)

[−1.04524]

[−0.19529]

[−2.23968]

GZEDT (−2)

−0.045255

0.273594

−0.580675

(0.10194)

(0.66648)

(0.40413)

[−0.44394]

[0.41051]

[−1.43684]

C

0.003659

0.031010

0.035212

(0.00686)

(0.04483)

(0.02718)

[0.53360]

[0.69174]

[1.29536]