| Chi-square statistic | Independent variable | ||||
| growth | PB | ETR | Debt | ||
| Dependent variable | growth |
| 8.71*** | 9.88*** | 5.25*** |
| PB | 0.17 |
| 0.09*** | 0.01*** | |
| ETR | 1.22 | 3.97*** |
| 0 | |
| Debt | 8.42*** | 0.18 | 0.28 |
| |