		$L_{t}^{T V}$	$L_{t}^{T R}$	$L_{t}^{L R}$	$L_{t}^{C L R}$	$L_{t}^{H H}$	$L_{t}^{M E C}$	$L_{t}^{M A}$	$L_{t}^{i l l i q}$	$L_{t}^{L i u}$	$L_{t}^{A d j - i l l i q}$
China	$a$	0.0528	0.4959	−0.1272**	1.1652**	−0.0761	−0.0132	−0.0265	−0.0002	3.1520*	−0.0007
	$β$	−0.1172**	−1.0410*	0.4754**	−1.3287*	0.1617	0.0060	0.0508*	0.0002	−6.0420*	0.0010
	$a d j R^{2}$	0.0329	0.0229	0.0278	0.0219	0.0008	0.0001	0.0034	0.0080	0.0610	0.0082
India	$a$	0.0012**	0.0089**	−5.1904	0.0367	−5.1414	0.0695**	−0.0791	−0.0150**	0.0122	−0.0651**
	$β$	−0.0021**	−0.0183**	4.3504	0.4904	12.4776	−0.1503**	0.1517*	0.0191**	−0.0250**	0.0827**
	$a d j R^{2}$	0.0580	0.0792	0.0007	0.0018	0.0129	0.0688	0.0037	0.0305	0.0796	0.0305
Indonesia	$a$	0.0368*	0.3132	−0.0922	1.8165**	0.7434	−0.0451	−0.1035**	−0.0010**	10.5100	−0.0045**
	$β$	−0.0742**	−0.7596**	0.1547	−2.8455**	0.0588	0.0675	0.1982**	0.0019**	−20.4600	0.0083**
	$a d j R^{2}$	0.0478	0.0295	0.0010	0.0411	0.0001	0.0128	0.0131	0.0615	0.0410	0.0614
Korea	$a$	0.0026**	0.0481**	−1.2144*	0.1822	4.4820	0.0399	−0.0028	−0.0011	0.0764	−0.0048
	$β$	−0.0054**	−0.1049**	3.1600**	0.1895	−6.4050	−0.0800*	0.0054*	0.0020	−0.1642**	0.0087
	$a d j R^{2}$	0.0807	0.0744	0.0120	0.0002	0.0479	0.0279	0.0042	0.0023	0.0767	0.0023
Taiwan (China)	$a$	0.0396**	0.1210**	0.1534	0.8271	−2.6034	−0.0304	−0.0006**	−0.0004	0.2026*	−0.0018
	$β$	−0.0811**	−0.2577**	−0.1265	−0.5217	7.8540**	0.0457	0.0001**	0.0007**	−0.4274**	0.0033**
	$a d j R^{2}$	0.2019	0.1531	0.0001	0.0014	0.0432	0.0161	0.0054	0.0183	0.1405	0.0185