Country

Constant

EP

K

L

R2

U.S.

−64.7637

0.4554

0.0963

1.1141

0.9891

(1958-1984)

(3.186)

(4.009)

(1.084)

(5.417)

ρ = 0.663

Germany

−0.2128

0.6124

−0.1086

0.5587

0.9994

(1963-1988)

(0.1961)

(3.710)

(0.5222)

(3.217)

ρ = 0.557

Japan

−164.97

0.5618

0.2374

1.3221

0.9820

(1965-1988)

(1.814)

(2.983)

(3.683)

(1.643)

ρ = 0.827

Canada

−130.442

0.3426

0.1582

1.6709

0.9821

(1962-1988)

(2.347)

(1.210)

(6.2092)

(2.836)

ρ = 0.651

Britain

17.1535

0.8570

−0.0289

−0.0459

0.911

(1963-1988)

(0.3206)

(5.605)

(0.1008)

(0.1720)

ρ = 0.583

Finland

−17.9512

0.57475

0.3122

0.1854

0.9918

(1963-1988)

(0.8936)

(6.931)

(2.553)

(0.9723)

ρ = 0.294