| Parameter | Tvalue | Pvalue |
RISK(j, t−1) | 0.6926*** | 11.13 | <0.001 |
ROA(j, t−1) | −2.2442*** | -2.73 | 0.008 |
SIZE(j, t−1) | 5.6436* | 1.82 | 0.071 |
CAP(j, t−1) | 9.2603*** | 7.52 | <0.001 |
M2(j, t) | −1.6900*** | −9.90 | <0.001 |
GDP(j, t) | 6.4179*** | 5.35 | <0.001 |
AR(1) | 0.001 | ||
AR(2) | 0.668 | ||
Sargan | 1.000 |