BEN

BFA

CIV

GHA

GIN

MLI

NGA

NER

SEN

TOG

Coef

Coef

Coef

Coef

Coef

Coef

Coef

Coef

Coef

Coef

ce

−0.333**

−0.299***

−0.779**

−0.075

−0.234**

−0.791**

0.444

−1.248**

−0.155

−0.528

LONG TERM

ldept

−1.425**

5.801**

1.328***

−0.774

2.161**

−3.000***

−3.155

−2.38**

0.547

0.785

lfbcft

0.233**

−1.03***

0.337**

0.813

1.024**

0.213

0.107

0.502**

0.109

−0.062

llabort

−4.758**

293.625***

−19.499***

−1.536

7.025***

1.111**

−5.208

−1.064

−0.796

−6.152

SHORT TERM

dlppibhbtt-1

−0.257**

-

0.096

-

0.057

0.816*

1.906

0.14

-

0.918

dlppibhbtt-2

0.98***

-

−0.69**

-

0.136*

0.374

−0.342

−0.492

-

-

dldept

−0.367**

−1.306*

−0.572*

-

−0.495***

2.215**

−1.132**

1.402*

-

−0.444

dldept-1

0.558**

−0.443

−0.319*

-

−0.756***

1.983**

−0.979**

1.626*

-

−2.125

dldept-2

0.992***

−1.069

0.087

-

-

1.568**

−0.625*

-

-

-

dlfbcft

0.0345

0.146**

−0.175**

-

−0.112***

−0.301*

0.222

−0.422**

-

0.079

dlfbcft-1

−0.056*

0.092**

−0.106**

-

−0.15***

−0.147

−0.198*

−0.25*

-

0.249

dlfbcft-2

−0.174***

-

0.039**

-

-

−0.181

−0.129

-

-

0.264

dllabort

−10.899***

−133.048***

−12.44**

-

−2.767***

*−1.787

−114.519**

43.736*

-

−54.066

dllabort-1

16.694***

−100.909***

−3.11

-

−4.076***

−1.135

67.464*

−17.001

-

115.782

dllabort-2

−3.903**

−45.795**

29.6**

-

−3.654***

-

-

-

−84.514*

IDEt

0.012***

−0.001

−0.031**

−0.001

0.003***

−0.001

0.014

−0.0001

0.002

0.0019

laidet

0.012

−0.093***

−0.003

−0.044

0.049***

0.129

0.108*

0.046

0.006

−0.016

Inf_pibt

−0.002***

0.002

−0.0001

−0.001

−0.001***

−0.002

0.002

−0.001

−0.002*

−0.002

dprim

0.007***

−0.003

−0.001*

0.003

0.002***

0.026**

−0.011*

−0.001

0.0002

−0.0116

dlcreditt

0.034**

−0.119**

0.0189

−0.118

0.013*

−0.115

0.073

−0.042

−0.054

−0.319

cons

10.919*

−394.084***

64.166**

1.259

−8.636***

11.891**

−18.909

24.826**

1.101

15.763