Dependent Variable

USA

Japan

Taiwan

Korea

Intercept

0.335**

0.446***

0.562***

0.074

0.876***

0.338**

0.431**

0.158**

−0.016

0.028

0.094

−0.032

0.556***

−0.674***

−0.778***

−0.102*

0.012

0.038

0.044

0.031

0.028

0.057

0.032

0.033

0.129**

0.242*

0.275**

0.087*

−0.542***

−0.448***

−0.412**

0.018

0.064

0.059

0.031

0.019

0.372

0.314

0.226

0.112

F-value

19.535

18.248

17.641

13.464

VIF

1.148

1.432

1.417

1.089

N

3217

38

60

22