Crpihab (−1)

debt (−1)

debt2 (−1)

GFCF (−1)

PA (−1)

lnH1 (−1)

lnH2 (−1)

@TREND (86)

C

1.000

0.174

−0.004

0.164

4.332

−0.396

6.48509

−1.685

−435.49

[3.768]**

[−6.979]**

[6.569]**

[6.176]**

[−0.589]

[7.266]**