UIS1/GF2 | Variable | Regression coefficients | T-statistic |
Explanatory variables1 | UIS (lag1) | 0.882923 | 4.165894*** |
| GR | 2.999837 | 3.575545*** |
| GS | 0.400492 | 3.197700** |
Control variable1 | T | 7.501365 | 4.574244*** |
| G | 1.260047 | 3.912040*** |
Explanatory variables2 | IS1 | 0.080343 | 1.419376 |
| IS2 | 0.113379 | 4.681308*** |
| IS3 | 0.057646 | 3.963364*** |