| Japan (Private investment, 1975-1997. N = 47, T = 23, NT = 1081) | ||||
| No. of Factors | Confidence interval |
|
| Sample estimate |
| 1 | (−0.141446, 0.336313) | −0.023547 | −0.005013 | 0.114517 |
| 2 | (−0.185052, 0.361058) | 0.019092 | 0.025069 | 0.083116 |
| 3 | (−0.162461, 0.313941) | 0.017500 | 0.004178 | 0.071732 |
| 4 | (−0.122346, 0.366318) | −0.015804 | −0.073594 | 0.140775 |
| 5 | (−0.118937, 0.383700) | −0.008338 | −0.025069 | 0.14238 |
| 6 | (−0.078905, 0.469200) | −0.021916 | −0.032592 | 0.216601 |
| 7 | (−0.185010, 0.402528) | 0.009002 | 0.018383 | 0.112646 |
| 8 | (0.136876, 0.590075) | 0.032053 | 0.000000 | 0.381697 |
| 9 | (0.109223, 0.577938) | 0.044373 | −0.050154 | 0.355468 |
| 10 | (0.191129, 0.576916) | −0.010742 | −0.025905 | 0.396652 |
| Indonesia (Aggregate investment, 1983-2012. N = 26, T = 30, NT = 780) | ||||
| No. of Factors | Confidence interval |
|
| Sample estimate |
| 1 | (−0.338103, 0.475982) | −0.021159 | −0.040953 | 0.130685 |
| 2 | (−0.421559, 0.472251) | −0.023800 | −0.068568 | 0.108654 |
| 3 | (−0.434402, 0.303119) | −0.008079 | 0.042626 | −0.061103 |
| 4 | (−0.512118, 0.217822) | −0.014210 | 0.018383 | −0.145471 |
| 5 | (−0.570929, 0.098140) | −0.048794 | 0.086167 | −0.264040 |
| 6 | (−0.600980, −0.013395) | 0.004209 | 0.020054 | −0.372322 |
| 7 | (−0.554439, 0.198259) | 0.033373 | 0.138304 | −0.303496 |
| 8 | (−0.589104, 0.214890) | 0.038822 | 0.096236 | −0.307349 |
| 9 | (−0.191507, 0.645720) | 0.013215 | −0.020890 | 0.299075 |
| 10 | (−0.508657, 0.119894) | 0.060606 | 0.17977 | −0.247082 |