Dependent variable

Independent variable

R

R2

p-value

AIC value

bt (1972-2006)

lt

−0.458

0.210

5.60 × 10−3

380

zt

−0.466

0.217

4.78 × 10−3

379

bt (1998-2006)

lt

−0.606

0.368

8.35 × 10−2

79

zt

−0.078

0.006

9.41 × 10−2

83