Non-pollution | TR | |||||
n | ρ | WR | Exch | AR(1) | ||
|
|
| ELGEE | RELGEE | ELGEE | RELGEE |
| 0.3 | Exch | 0.57386 | 0.58100 | 0.57386 | 0.58100 |
|
| AR(1) | 0.58885 | 0.60091 | 0.54477 | 0.56010 |
50 |
| Ind | 0.72633 | 0.73693 | 0.72633 | 0.73693 |
| 0.7 | Exch | 0.28785 | 0.29751 | 0.36407 | 0.37805 |
|
| AR(1) | 0.36407 | 0.37805 | 0.28785 | 0.29751 |
|
| Ind | 0.66757 | 0.67960 | 0.66757 | 0.67960 |
| 0.3 | Exch | 0.27770 | 0.27829 | 0.39119 | 0.41201 |
|
| AR(1) | 0.34903 | 0.35454 | 0.29119 | 0.29492 |
100 |
| Ind | 0.44306 | 0.43724 | 0.40696 | 0.41015 |
| 0.7 | Exch | 0.17467 | 0.17678 | 0.16708 | 0.16904 |
|
| AR(1) | 0.19500 | 0.19504 | 0.14110 | 0.14566 |
|
| Ind | 0.42543 | 0.42879 | 0.40011 | 0.42267 |