| Variable | Coefficient | t-statistic | Coefficient | t-statistic | Coefficient | t-statistic | Coefficient | t-statistic | Coefficient | t-statistic |
| LNIPR | −0.436668 | −0.531385 | −1.402959 | −1.012146 | −0.596016 | −0.488667 | −5.469836 | −2.110678 | −5.469836 | −0.488667 |
| LNENDP | 2.425418 | 1.651028 | 0.451385 | 0.455703 | −1.304739 | −1.955068 | 4.346661 | 2.129666 | 4.346661 | −1.955068 |
| LNRDPF | −0.757711 | −1.160224 | 0.554234 | 0.700987 | 2.132319 | 2.301485 | 0.165736 | 0.206103 | 0.165736 | 2.301485 |
| LNERDI | −0.309055 | −0.285986 | 0.780284 | 0.737328 | 1.378107 | 1.894607 | −2.021787 | −1.708908 | −2.021787 | 1.894607 |
| LNCRDN | −0.119987 | −0.318852 | −0.101296 | −0.068590 | 0.277573 | 0.795790 | 0.411778 | 0.800362 | 0.411778 | 0.795790 |
| LNDAF | 0.150194 | 0.468372 | −0.253116 | −0.697919 | −0.414867 | −1.173188 | 0.107653 | 0.393186 | 0.107653 | −1.173188 |
| LNITF | −0.467863 | −0.794236 | 0.042432 | 0.236226 | 0.218117 | 1.328461 | 0.085024 | 0.571982 | 0.085024 | 1.328461 |
| C | −8.199777 | −3.008241 | −11.48383 | −1.393315 | −15.08642 | −2.539917 | −23.90648 | −2.753639 | −23.90648 | −2.539917 |
| Adjusted R-squared | 0.984115 | 0.889620 | 0.984968 | 0.948320 | 0.959855 | |||||
| F-statistic | 107.2060 | 14.81648 | 113.3283 | 32.45678 | 32.45678 | |||||