(1)

(2)

(3)

(1)

(2)

(3)

(1)

(2)

(3)

(1)

(2)

(3)

(1)

(2)

(3)

(1)

(2)

(3)

VARIABLES

shrhfd10

shrhfd10

shrhfd10

shrhfd10

shrhfd10

shrhfd10

shrhfdm

shrhfdm

shrhfdm

shrhfdm

shrhfdm

shrhfdm

vc

vc

vc

vc

vc

vc

gf

−0.0113**

0.005

−0.0125**

−0.0124*

−0.002

−0.011

−0.110***

−0.109*

−0.020

−0.138***

−0.024

−0.042

−1.375***

−3.602**

−0.793

−1.418***

−1.629

−0.846

−0.006

−0.015

−0.006

−0.007

−0.023

−0.007

−0.027

−0.056

−0.033

−0.033

−0.077

−0.038

−0.455

−1.404

−0.518

−0.536

−1.993

−0.596

gs

−0.002

−0.018

0.005

0.002

−0.143***

0.038

0.101

0.672

−0.320

−0.007

−0.013

−0.007

−0.032

−0.053

−0.040

−0.527

−1.290

−0.616

kf

0.001

−0.007

0.009

−0.160***

−0.325***

−0.051

−0.645

0.020

−0.162

−0.011

−0.022

−0.011

−0.053

−0.106

−0.063

−0.847

−2.183

−0.955

ks

0.0110*

−0.006

0.0147**

−0.136***

−0.0988*

−0.016

−1.314***

−1.168

−0.658

−0.006

−0.014

−0.007

−0.029

−0.052

−0.036

−0.481

−1.259

−0.568

gfgs

0.004

−0.0313*

0.007

−0.032

−0.075

0.001

0.383

2.715

−0.910

−0.009

−0.018

−0.009

−0.044

−0.071

−0.054

−0.701

−1.770

−0.806

gfkf

0.000

0.011

−0.001

0.031

−0.308***

0.154**

−0.187

−0.930

−0.545

−0.012

−0.029

−0.013

−0.060

−0.108

−0.075

−0.974

−2.678

−1.122

gfks

0.016

−0.017

0.005

−0.060

−0.166

0.026

−0.780

−3.391

−0.753

−0.011

−0.031

−0.014

−0.055

−0.101

−0.071

−0.892

−2.663

−1.120

gfgskf

0.011

−0.003

0.0157*

−0.162***

−0.113*

0.003

−1.352**

0.063

−0.779

−0.008

−0.017

−0.008

−0.037

−0.067

−0.045

−0.604

−1.563

−0.681

gfgsks

0.002

−0.022

0.0324**

−0.170***

−0.227*

−0.022

−1.256

−4.766

−0.088

−0.013

−0.030

−0.015

−0.064

−0.133

−0.080

−1.030

−2.999

−1.227

gfkfks

0.005

−0.054

0.0370**

−0.084

−0.512***

0.000

−0.607

−1.951

0.179

−0.015

−0.048

−0.019

−0.076

−0.156

−0.107

−1.170

−4.163

−1.579

gfgskfks

0.300

0.000

0.282

−0.581

0.000

−0.291

−4.602

0.000

−8.576

−0.193

0.000

−0.193

−0.690

0.000

−0.763

−15.170

0.000

−14.580

provrevenue

0.0449***

0.023

0.0443***

0.0462***

0.019

0.0446***

−0.317***

0.053

−0.0953*

−0.319***

0.058

−0.0926*

0.419

1.605

0.994

0.388

2.121

1.013

−0.012

−0.020

−0.013

−0.012

−0.020

−0.013

−0.043

−0.061

−0.055

−0.043

−0.062

−0.056

−0.925

−1.710

−1.042

−0.930

−1.726

−1.047

gfprevrenune

−0.028

−0.040

−0.023

−0.030

−0.103

−0.040

−0.022

−0.193

−0.046

−0.060

−0.043

−0.076

0.059

0.048

−3.789

−0.265

16.71*

−5.392*

−0.026

−0.073

−0.032

−0.030

−0.108

−0.037

−0.123

−0.255

−0.155

−0.142

−0.361

−0.177

−2.074

−6.583

−2.569

−2.411

−9.483

−2.979

gsprevrenune

0.032

0.013

0.038

−0.034

0.311

−0.042

1.655

2.892

1.731

−0.024

−0.056

−0.027

−0.117

−0.222

−0.145

−1.922

−5.437

−2.279

kfprevrenune

−0.0467

0.114

−0.0831

−0.019

−0.270

0.017

1.012

−5.495

−1.613

−0.044

−0.100

−0.053

−0.210

−0.446

−0.263

−3.630

−9.665

−4.309

ksprevrenune

−0.041

−0.063

−0.030

0.034

−0.139

−0.025

2.014

0.932

−1.061

−0.027

−0.055

−0.031

−0.127

−0.212

−0.161

−2.135

−5.156

−2.554

Gfgs- prevrenune

0.010

−0.042

0.019

−0.067

0.320

−0.011

0.257

14.63*

1.550

−0.029

−0.077

−0.031

−0.148

−0.296

−0.177

−2.355

−7.468

−2.687