| (1) | (2) | (3) | (4) | (5) | (6) |
buf | buf | buf | cbuf | cbuf | cbuf | |
L.buf | 0.562*** | 0.381** | 0.368** |
|
|
|
| (3.51) | (2.56) | (2.50) |
|
|
|
L.cbuf |
|
|
| 0.518*** | 0.432*** | 0.437*** |
|
|
|
| (3.48) | (2.74) | (2.83) |
GDPG | 0.176*** | 0.240*** | 0.173*** | 0.145*** | 0.198** | 0.183*** |
| (3.96) | (3.16) | (3.49) | (3.44) | (2.52) | (3.66) |
HHI | −4.280* | −1.899 | −1.372 | −5.255** | −4.798 | −1.532 |
| (−1.79) | (−0.57) | (−0.45) | (−2.18) | (−1.30) | (−0.49) |
GDPG*HHI | −3.036*** |
|
| −2.935*** |
|
|
| (−5.90) |
|
| (−6.18) |
|
|
lnsize | 0.100 | 0.259 | 0.0910 | 0.0335 | 0.274 | 0.0867 |
| (0.62) | (1.29) | (0.47) | (0.22) | (1.29) | (0.43) |
roa | 1.152 | 3.696*** | 2.761** | 2.433* | 4.074*** | 2.805** |
| (0.89) | (3.26) | (2.28) | (1.94) | (3.24) | (2.12) |
npl | −0.169*** | −0.246*** | −0.162** | −0.132 | −0.182 | −0.207 |
| (−2.61) | (−3.49) | (−2.23) | (−0.95) | (−1.16) | (−1.34) |
H |
| 0.556 |
|
| 0.189 |
|
|
| (0.57) |
|
| (0.18) |
|
L |
|
| 2.519** |
|
| 3.370*** |
|
|
| (2.41) |
|
| (3.09) |
GDPG*HHI*H |
| −0.535* |
|
| −0.386 |
|
|
| (−1.88) |
|
| (−1.30) |
|
GDPG*HHI*L |
|
| −0.676** |
|
| −0.988*** |
|
|
| (−2.23) |
|
| (−3.16) |
_cons | −1.746 | −5.179** | −3.015 | −2.984** | −6.310*** | −4.784** |
| (−1.24) | (−2.19) | (−1.56) | (−2.15) | (−2.60) | (−2.56) |
AR(2) | 0.305 | 0.149 | 0.268 | 0.252 | 0.184 | 0.329 |
SARGAN | 0.740 | 0.379 | 0.588 | 0.142 | 0.652 | 0.242 |