Vriable

Coefficient

Std. Error

t value

Pr (>|t|)

Intercept

−1.865

1.348

−1.384

0.17

Macroeconomic factor

0.595

0.053

11.167

<2e−16***

Banking system factor

−0.139

0.018

−7.774

1.83e−11***

Governance and Institutions factor

−0.102

0.088

−1.159

0.25

Economic Freedom factor

0.452

0.452

7.701

2.56e−11***

R

R²

p-value

0.901

0.896

<2.2e−16