coef.

Std. errors

Z

P-value

Equation (1)

Beta

GDP

1

imports

1.76e−07***

9.35e−08

−3.47

0.001

Exports

−3.25e−07

1.76e−07

1.00

0.316

Constant

−729.508

Equation (2)

Beta

Coef

Std. errors

Z

P-value

Imports

1

Exports

−0.570

0.681

−0.84

0.402

GDP

−2863971

4640271

−0.62

0.537

Constant

2.10e+09

Equation (3)

Beta

Coef.

Std. errors

Z

P-value

Exports

1

Imports

−1.88819***

0.4781557

−3.95

0.000

GDP

6004014

6119496

0.98

0.327

Constant

−4.37e+09