Variable

Coefficient

Standard Error

t-Statistic

Probability

LG

0.962***

0.498

1.929

0.081

K

0.032

0.154

0.209

0.838

ALG

0.602***

0.311

1.936

0.080

P

−0.039**

0.018

−2.167

0.035

TFP

1.1904*

0.090

13.220

0.000

RER

0.247

0.163

1.512

0.159

C

−2.166

1.284

−1.687

0.091

Note: *, ** and *** denotes significant level at 1%, 5% and 10% respectively