D(L_N10(−3))

0.312610

(0.11314)

[2.76302]

0.041427

(0.07286)

[0.56856]

−0.011471

(0.04254)

[−0.26966]

−0.011383

(0.17565)

[−0.06481]

0.846961

(0.42930)

[1.97290]

0.098118

(0.14090)

[0.69638]

−0.041365

(0.02543)

[−1.62675]

D(L_RGDP15(−1))

−0.674715

(0.15773)

[−4.27775]

0.521332

(0.10158)

[5.13238]

0.012733

(0.05930)

[0.21471]

0.942831

(0.24487)

[3.85038]

0.520997

(0.59847)

[0.87054]

−0.003362

(0.19642)

[−0.01712]

0.052052

(0.03545)

[1.46835]

D(L_RGDP15(−2))

0.987805

(0.17593)

[5.61473]

−0.033866

(0.11330)

[−0.29890]

−0.009799

(0.06615)

[−0.14814]

0.140316

(0.27313)

[0.51373]

0.140526

(0.66755)

[0.21051]

−0.136444

(0.21909)

[−0.62277]

−0.086775

(0.03954)

[−2.19458]

D(L_RGDP15(−3))

−1.048809

(0.15729)

[−6.66808]

−0.435884

(0.10129)

[−4.30313]

−0.035257

(0.05914)

[−0.59616]

−0.956086

(0.24419)

[−3.91540]

−0.771821

(0.59681)

[−1.29325]

0.022114

(0.19588)

[0.11290]

0.085718

(0.03535)

[2.42481]

D(R_3REV(−1))

−0.282882

(0.33451)

[−0.84567]

−0.055980

(0.21542)

[−0.25986]

0.137466

(0.12577)

[1.09297]

0.001174

(0.51931)

[0.00226]

1.284008

(1.26924)

[1.01164]

−0.183037

(0.41657)

[−0.43939]

0.033024

(0.07518)

[0.43926]

D(R_3REV(−2))

0.240551

(0.30045)

[0.80065]

−0.248274

(0.19349)

[−1.28314]

−0.194872

(0.11297)

[−1.72505]

−0.219528

(0.46643)

[−0.47065]

0.873684

(1.14000)

[0.76639]

−0.952963

(0.37415)

[−2.54698]

−0.061626

(0.06753)

[−0.91264]

D(R_3REV(−3))

−0.041608

(0.32509)

[−0.12799]

0.119872

(0.20936)

[0.57256]

−0.251725

(0.12223)

[−2.05937]

0.151232

(0.50470)

[0.29965]

1.477157

(1.23352)

[1.19751]

−0.277696

(0.40485)

[−0.68592]

0.014033

(0.07306)

[0.19207]

D(L_BLACKREV(−1))

0.041485

(0.09910)

[0.41861]

0.112904

(0.06382)

[1.76902]

0.039718

(0.03726)

[1.06591]

−0.263020

(0.15385)

[−1.70954]

−0.967266

(0.37603)

[−2.57230]

0.005981

(0.12342)

[0.04846]

0.003705

(0.02227)

[0.16632]

D(L_BLACKREV(−2))

0.025813

(0.10102)

[0.25552]

0.053407

(0.06506)

[0.82093]

0.057118

(0.03798)

[1.50376]

−0.147086

(0.15683)

[−0.93786]

−0.934625

(0.38331)

[−2.43832]

0.120455

(0.12580)

[0.95749]

0.022014

(0.02270)

[0.96960]

D(L_BLACKREV(−3))

0.116977

(0.10256)

[1.14052]

0.022144

(0.06605)

[0.33524]

0.061091

(0.03856)

[1.58416]

0.681164

(0.15923)

[4.27791]

−0.834823

(0.38917)

[−2.14516]

0.012512

(0.12773)

[0.09796]

0.018202

(0.02305)

[0.78963]

D(L_MOBVREV(−1))

−0.021640

(0.03018)

[−0.71698]

−0.044052

(0.01944)

[−2.26630]

−0.000197

(0.01135)

[−0.01734]

−0.040505

(0.04686)

[−0.86442]

−0.311514

(0.11452)

[−2.72007]

−0.012107

(0.03759)

[−0.32209]

0.001269

(0.00678)

[0.18700]

D(L_MOBVREV(−2))

0.048393

(0.03074)

[1.57444]

−0.028771

(0.01979)

[−1.45346]

−0.005749

(0.01156)

[−0.49741]

−0.011268

(0.04772)

[−0.23613]

−0.136723

(0.11663)

[−1.17232]

−0.092095

(0.03828)

[−2.40600]

−0.004072

(0.00691)

[−0.58949]

D(L_MOBVREV(−3))

0.018160

(0.02885)

[0.62940]

0.025679

(0.01858)

[1.38199]

0.000703

(0.01085)

[0.06484]

0.054536

(0.04479)

[1.21751]

0.049242

(0.10948)

[0.44979]

−0.059485

(0.03593)

[−1.65553]

0.009030

(0.00648)

[1.39255]

D(L_NEERREV(−1))

0.016152

(0.09727)

[0.16605]

−0.069838

(0.06264)

[−1.11483]

−0.039768

(0.03657)

[−1.08732]

−0.071219

(0.15101)

[−0.47160]

0.931389

(0.36909)

[2.52348]

−0.139060

(0.12114)

[−1.14795]

−0.017797

(0.02186)

[−0.81408]