Country

KYR

TAJ

Period

II

I

II

x0

4.82

2.17

5.29

y0

1.19

1.24

1.49

loga

−1.8627

−0.8706

−0.0030

t-value

(−3.4211)

(−9.9199)

(−0.1104)

P-value

(0.0267)

(0.0000)

(0.9173)

b

4.0331

0.7574

0.3491

t-value

(2.6548)

(3.8693)

(7.6937)

P-value

(0.0566)

(0.0037)

(0.0015)

R2

0.6379

0.6245

0.9367