| LnLOAN | LTD | LA | |||
Dif | Sys | Dif | Sys | Dif | Sys | |
L1. | 0.5356*** | 0.6639*** | 0.4269*** | 0.7257*** | 0.3937*** | 0.7393*** |
| (0.0923) | (0.0398) | (0.1171) | (0.0492) | (0.0832) | (0.0378) |
CAR | −0.0058 | −0.0051 | −0.4097* | −0.2951 | −1.0705*** | −0.8270*** |
| (0.0038) | (0.0036) | (0.2435) | (0.2063) | (0.1887) | (0.1633) |
SIZE | 0.3486*** | 0.3302*** | 0.0219 | 0.8127 | −4.4679*** | −0.7253 |
| (0.0826) | (0.0402) | (1.6879) | (0.6109) | (1.7337) | (0.4877) |
ROA | 0.0276 | 0.0648*** | 1.2633 | 1.4527 | −0.0249 | 2.0994 |
| (0.0274) | (0.0236) | (1.7490) | (1.6982) | (1.6330) | (1.3791) |
LR | 0.0001 | −0.0010* | −0.0525 | −0.0512 | −0.0802* | −0.0859*** |
| (0.0007) | (0.0005) | (0.0496) | (0.0342) | (0.0429) | (0.0254) |
CTI | 0.0037** | 0.0074*** | 0.0047 | 0.2030** | −0.0552 | 0.1010 |
| (0.0015) | (0.0012) | (0.0676) | (0.1011) | (0.0440) | (0.0855) |
NIRR | −0.0004 | −0.0011** | −0.0342 | −0.0686** | −0.0690* | −0.1034*** |
| (0.0009) | (0.0005) | (0.0514) | (0.0271) | (0.0367) | (0.0205) |
EA | 1.4166* | 1.5539*** | 115.6716*** | 104.9440*** | 179.4212*** | 121.9256*** |
| (0.7871) | (0.5917) | (37.1835) | (32.5081) | (38.1866) | (29.4358) |
LnEPU2 | −0.0109 | −0.0163** | −2.4804*** | −2.6818*** | −1.5855** | −1.3124** |
| (0.0079) | (0.0081) | (0.7533) | (0.7302) | (0.6246) | (0.5695) |
GGDP | −0.0026 | −0.0305*** | −1.5237*** | −3.1958*** | −1.3225** | −3.1851*** |
| (0.0079) | (0.0096) | (0.5646) | (0.8410) | (0.5634) | (0.6986) |
CPI | −0.0115** | 0.0155*** | 0.3897 | 1.4321*** | 0.1436 | 1.3948*** |
| (0.0057) | (0.0059) | (0.4281) | (0.4517) | (0.4646) | (0.3631) |
M2 | −0.0013 | 0.0152*** | 0.3834 | 0.7285*** | 0.3130 | 0.8544*** |
| (0.0033) | (0.0029) | (0.2400) | (0.2027) | (0.2717) | (0.1649) |
_cons | 1.5722*** | −0.2729 | 51.9846* | 20.1476 | 122.3255*** | 41.6753*** |
| (0.4560) | (0.1772) | (31.4128) | (12.6030) | (30.7250) | (12.0500) |
AR(2) | 0.5771 | 0.3017 | 0.0474 | 0.0394 | 0.6003 | 0.3238 |
Sargan | 0.0936 | 0.4526 | 0.2237 | 0.3892 | 0.0443 | 0.4164 |