Country | KAZ | UZB | TUR | ||
Period | I | II | I | I | II |
x0 | 59.28 | 137.98 | 18.52 | 8.75 | 20.68 |
y0 | 64.80 | 148.05 | 54.54 | 18.11 | 41.11 |
loga | 0.0550 | 1.0539 | 0.6302 | 1.1856 | 0.0429 |
t-value | (0.6023) | (7.3410) | (17.9640) | (9.8293) | (0.1942) |
P-value | (0.5636) | (0.0018) | (0.0000) | (0.0000) | (0.8554) |
logb | 0.9933 | 0.4626 | 0.3533 | 0.5980 | 1.2589 |
t-value | (16.1874) | (6.4632) | (8.4688) | (3.1306) | (7.1884) |
P-value | (0.0000) | (0.0029) | (0.0000) | (0.0140) | (0.0019) |
R2 | 0.9703 | 0.9126 | 0.8885 | 0.5505 | 0.9281 |