Country

Constant

EP

K

L

R²

U.S.

1.1678

0.4902

0.7826

0.1034

0.9990

(1958-1984)

(0.5342)

(3.169)

(0.9005)

(5.136)

ρ = 0.688

Germany

−0.2128

0.6124

0.5587

−0.1086

0.9494

(1963-1988)

(0.1961)

(3.710)

(0.5520)

(3.2171)

ρ = 0.557

Japan

−3.1852

0.6970

0.5175

0.3789

0.9818

(1965-1988)

(1.328)

(2.514)

(2.383)

(0.9804)

ρ = 0.885

Canada

−3.6435

0.2451

0.2655

1.2673

0.9844

(1962-1988)

(2.421)

(0.8631)

(1.216)

(3.070)

ρ = 0.660

Britain

1.2630

0.9141

−0.0972

−0.0870

0.9232

(1963-1988)

(0.936)

(5.762)

(4.000)

(0.7156)

ρ = 0.502

Finland

−0.4482

0.7081

0.3040

0.0583

0.9856

(1963-1988)

(0.6075)

(4.772)

(1.702)

(0.3133)

ρ = 0.364