First Expansion

Second Expansion

Third Expansion

P^MVL

${\beta }_3$

−0.69***

−2.37***

−0.80***

Std. Error

(0.18)

(0.33)

(0.31)

P^MVH

${\beta }_3$

−0.36**

−1.40***

−0.63***

Std. Error

(0.16)

(0.24)

(0.21)