| Variable | Coefficient | Std, Error | t-Statistic | Prob |
| LnFBCA | 0.373053 | 0.073155 | 5.099521 | 0.0000 |
| LnPIBH | −1.266528 | 0.354756 | −3.570134 | 0.0018 |
| LnAPD | −0.067277 | 0.033339 | −2.017975 | 0.0566 |
| LnIPC | −0.251845 | 0.063100 | −3.991216 | 0.0007 |
| C | 2.887574 | 3.337788 | 0.865116 | 0.3968 |