Regions | Economically developed regions | Economically less-developed regions | Economically underdeveloped regions | ||||
Variable | s | Lnbond | Lnstock | Lnbond | Lnstock | Lnbond | Lnstock |
Lnfin | 4 | 0.081 | 0.004 | 0.213 | 0.067 | 0.060 | 0.026 |
Lnfin | 8 | 0.125 | 0.013 | 0.335 | 0.066 | 0.067 | 0.036 |
Lnfin | 12 | 0.133 | 0.021 | 0.352 | 0.056 | 0.079 | 0.043 |
Lnfin | 16 | 0.138 | 0.026 | 0.348 | 0.051 | 0.094 | 0.048 |
Lnfin | 20 | 0.141 | 0.028 | 0.344 | 0.050 | 0.102 | 0.053 |