Test type | d (ln qdes) (1) | d (ln qdes) (2) | d (ln qdes) (3) | d (ln qdes) (4) | d (ln qdes) (5) | d (ln lxzc) (6) |
C | −0.03 (−0.92) | −0.03 (−1.04) | −11.54 (−1.91) | −12.66 (−2.01) | −14.26 (−2.22) |
|
d (ln Efrate) | −0.59*** (−3.17) | 0.01 (0.05) | −0.12 (−0.51) | −0.06 (−0.26) | −0.22 (−0.73) | 0.87** (2.08) |
d (lnrate) |
| −0.42*** (−3.12) | −0.47*** (−2.12) | −0.54*** (−2.41) | −0.23 (−0.51) |
|
lncei |
|
| 2.46** (1.91) | 2.70** (2.01) | 3.05** (2.22) |
|
d (lnszzs) |
|
|
| −0.20* (−1.98) | −0.13* (−1.56) |
|
d (lnreits) |
|
|
|
| 2.67 (0.80) |
|
R2 | 0.072 | 0.21 | 0.23 | 0.21 | 0.24 | 0.67 |
P-value | 0.0012 | 0.0123 | 0.0062 | 0.0000 | 0.0091 | 0.0006 |
DW-value | 2.63 | 2.85 | 2.87 | 2.76 | 2.85 | 2.22 |