GDP per capita of Turkey/GDP per capita of Greece | 5084.369 (1.60) | |||||||||||||||||||
Total Reserves of Turkey/Total Reserves of Greece | 98.26759*** (3.70) | |||||||||||||||||||
Exports as a percent of GDP of Turkey/Exports as a percent of GDP of Greece | 2960.107*** (3.24) | |||||||||||||||||||
Balance of Trade of Turkey/Balance of Trade of Greece | 39.7149 (0.23) | |||||||||||||||||||
Defense Expenditure of Turkey/Defense Expenditure of Greece | 690.4042 (1.34) | |||||||||||||||||||
Debt as a percent of GDP of Turkey/Debt as a percent of GDP of Greece | −1070.829 (−0.37) | |||||||||||||||||||
Unemployment of Turkey/ Unemployment of Greece | 913.6199 (0.89) | |||||||||||||||||||
Market Cap as a percent of GDP of Turkey/Market Cap as a percent of GDP of Greece | −953.2711 (−1.75) | |||||||||||||||||||
Market Cap of Turkey/Market Cap of Greece | −281.4201 (−1.69) | |||||||||||||||||||
FDI (Net Inflows) as a percent of GDP of Turkey/FDI (Net Inflows) as a percent of GDP of Greece | 0.4049899 (0.29) | |||||||||||||||||||
Defense Expenses as a percent of GDP of Turkey/Defense Expenses as a percent of GDP of Greece | −536.2677 (−0.33) | |||||||||||||||||||
Constant | −24.27878 (−0.04) | 1514.027*** (5.71) | −66.5802 (−0.07) | 787.7294 (2.73) | −1381.906* (−1.53) | 1400.18*** (4.40) | 508.4002 (0.48) | 2468.661 (2.72) | 1211.803 (1.27) | 3768.297*** (6.09) | 3562.345*** (6.65) | 1482.483*** (5,47) | 2428.896 (1.38) | |||||||
Observations | 36 | 35 | 36 | 36 | 35 | 35 | 28 | 6 | 24 | 15 | 15 | 35 | 28 | |||||||
Adjusted R−squared | 0.1189 | −0.0275 | 0.0427 | 0.2664 | 0.2179 | −0.0286 | 0.0284 | −0.2077 | −0.0091 | 0.1276 | 0.1176 | −0.0276 | −0.0342 | |||||||
Variables/ Regressions | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | |||||||
Dependent Variables | ||||||||||||||||||||
Violations of Greek Airspace | X | X | X | X | X | X | X | X | X | X | X | X | X | |||||||
Independent Variables | ||||||||||||||||||||
GDP of Turkey/GDP of Greece | 242.8392 (0.290) | |||||||||||||||||||
GDP growth of Turkey/GDP growth of Greece | −8.671979 (−0.28) | |||||||||||||||||||
GDP per capita of Turkey/GDP per capita of Greece | 1065.203 (0.56) | |||||||||||||||||||
Total Reserves of Turkey/Total Reserves of Greece | 34.60163* (1.97) | |||||||||||||||||||
Exports as a percent of GDP of Turkey/Exports as a percent of GDP of Greece | 2233.314*** (2.89) | |||||||||||||||||||
Balance of Trade of Turkey/Balance of Trade of Greece | 30.07679 (0.28) | |||||||||||||||||||
Defense Expenditure of Turkey/Defense Expenditure of Greece | 291.7782 (0.96) | |||||||||||||||||||
Debt as a percent of GDP of Turkey/Debt as a percent of GDP of Greece | −294.8382 (−0.10) | |||||||||||||||||||
Unemployment of Turkey/ Unemployment of Greece | 547.7131 (0.92) | |||||||||||||||||||
Market Cap as a percent of GDP of Turkey/Market Cap as a percent of GDP of Greece | −556.4894 (−1.54) | |||||||||||||||||||
Market Cap of Turkey/Market Cap of Greece | −167.066 (−1.52) | |||||||||||||||||||
FDI (Net Inflows) as a percent of GDP of Turkey/FDI (Net Inflows) as a percent of GDP of Greece | −0.0275064 (−0.03) | |||||||||||||||||||