| No. | Country | lnpopkp | Lnprod | lnsdsmprod | lnconsume | lnprice | lngdp | T | R-sq | |
| 1 | Egypt | Coef. | −3.441 | 2.470 | 1.053 | 4.528 | −1.191 | 0.374 | −0.325 | 0.7929 |
|
| Z-value | −3.25 | 2.47 | 2.38 | 3.82 | −3.30 | 0.74 | −3.39 | ||
|
| P > |Z| | 0.001 | 0.014 | 0.017 | 0.000 | 0.001 | 0.458 | 0.001 | ||
| 2 | China | Coef. | 23.371 | −25.199 | 5.809 | −1.038 | −7.323 | −5.280 | 1.504 | 0.9289 |
|
| Z-value | 3.01 | −5.88 | 3.23 | −0.17 | −8.01 | −0.85 | 2.02 | ||
|
| P > |Z| | 0.003 | 0.000 | 0.001 | 0.863 | 0.000 | 0.397 | 0.043 | ||
|
| *** | *** | *** | *** | ** | |||||
| 3 | Saudi Arabia | Coef. | 23.371 | −25.199 | 5.809 | −1.038 | −7.323 | −5.280 | 1.504 | 0.6369 |
|
| Z-value | 3.01 | −5.88 | 3.23 | −0.17 | −8.01 | −0.85 | 2.02 | ||
|
| P > |Z| | 0.003 | 0.000 | 0.001 | 0.863 | 0.000 | 0.397 | 0.043 | ||
| 4 | Tunisia | Coef. | −48.435 | 0.000 | 0.241 | 0.462 | 0.579 | −3.965 | 0.712 | 0.9528 |
|
| Z-value | −3.75 | 2.29 | 2.58 | 3.78 | −6.83 | 5.23 | |||
|
| P > |Z| | 0.000 | 0.022 | 0.010 | 0.000 | 0.000 | 0.000 | |||
| 5 | R. Korea | Coef. | 399.953 | −0.936 | −0.337 | 1.019 | 0.577 | 0.774 | −2.826 | 0.7092 |
|
| Z-value | 0.84 | −1.06 | −0.18 | 1.55 | 0.31 | 0.33 | −0.91 | ||
|
| P > |Z| | 0.404 | 0.287 | 0.860 | 0.122 | 0.760 | 0.742 | 0.360 | ||
| 6 | Greece | Coef. | −92.836 | 1.812 | −0.358 | 0.137 | 0.677 | −1.085 | 0.444 | 0.1979 |
|
| Z-value | −0.37 | 1.29 | −0.28 | 0.32 | 0.45 | −0.26 | 0.42 | ||
|
| P > |Z| | 0.710 | 0.197 | 0.778 | 0.750 | 0.655 | 0.792 | 0.673 | ||
| 7 | Emirates | Coef. | −3.719 | 0.000 | −0.939 | −4.189 | −2.796 | 5.662 | −0.229 | 0.6724 |
|
| Z-value | −0.55 | −0.71 | −2.03 | −2.43 | 2.21 | −0.50 | |||
|
| P > |Z| | 0.584 | 0.477 | 0.042 | 0.015 | 0.027 | 0.616 | |||
| 8 | Jordan | Coef. | 55.082 | −0.069 | −0.700 | 0.974 | 0.763 | −11.665 | −0.442 | 0.7398 |
|
| Z-value | 2.07 | −0.70 | −0.54 | 0.83 | 0.39 | −2.33 | −1.61 | ||
|
| P > |Z| | 0.038 | 0.483 | 0.591 | 0.404 | 0.696 | 0.020 | 0.108 | ||
|
| ** | ** | ||||||||
| 9 | Turkey | Coef. | −11.381 | −5.416 | −0.753 | 2.620 | −1.281 | 4.450 | −0.629 | 0.5146 |
|
| Z-value | −0.11 | −1.17 | −0.72 | 2.19 | −1.44 | 1.56 | −0.47 | ||
|
| P > |Z| | 0.915 | 0.243 | 0.471 | 0.028 | 0.151 | 0.120 | 0.640 | ||
| 10 | Yemen | Coef. | −21.305 | 21.880 | −1.407 | 7.206 | −0.447 | −0.590 | −0.295 | 0.8322 |
|
| Z-value | −5.11 | 5.72 | −1.53 | 3.32 | −0.38 | −0.20 | −0.95 | ||
|
| P > |Z| | 0.000 | 0.000 | 0.127 | 0.001 | 0.706 | 0.840 | 0.342 | ||
| 11 | Syria | Coef. | 41.239 | 3.815 | 4.791 | 3.346 | −4.795 | 10.957 | −1.936 | 0.66 |
|
| Z-value | 0.40 | 2.21 | 1.38 | 0.86 | −1.36 | 2.88 | −0.79 | ||
|
| P > |Z| | 0.688 | 0.027 | 0.167 | 0.391 | 0.175 | 0.004 | 0.431 | ||
| 12 | Japan | Coef. | 426.45 | −0.31 | −1.06 | 0.36 | 1.55 | 5.34 | −1.07 | 0.7496 |
|
| Z-value | 1.14 | −1.85 | −0.95 | 0.38 | 1.06 | 1.15 | 0.71 |