D (CPibh) (−1) | D (debt) (−1) | D (debt2) (−1) | D (GFCF) (−1) | D (PA) (−1) | D (lnH1) (−1) | D (lnH2) (−1) | Trend | C |
0.260 | −0.580 | 0.003 | 0.072 | −24.771 | −1.356 | −8.316 | −0.510 | 8.958 |
[0.960] | [−1.662] | [1.261] | [0.556] | [−1.857]* | [−0.344] | [1.333] | [−1.842]* | [1.835]* |