DGP

Q = 10

Q = 16

Q = 22

Q = 24

Log likelihood

−8212.05

−8211.26

−830.71

−8301.27

y¹

Dynamic equation

y¹ − 1

0.3

$\underset{\left(0.0489\right)}{{0.2754}^{***}}$

$\underset{\left(0.05\right)}{{0.2195}^{***}}$

$\underset{\left(0.052\right)}{{0.2206}^{***}}$

$\underset{\left(0.0527\right)}{{0.2131}^{***}}$

y² − 1

0.1

$\underset{\left(0.0483\right)}{{0.1376}^{***}}$

$\underset{\left(0.0513\right)}{{0.1267}^{**}}$

$\underset{\left(0.0554\right)}{{0.1196}^{**}}$

$\underset{\left(0.0568\right)}{{0.1010}^{*}}$

Gender = Male

−0.05

$\underset{\left(0.0479\right)}{-0.0580}$

$\underset{\left(0.0521\right)}{-0.0554}$

$\underset{\left(0.058\right)}{-0.0732}$

$\underset{\left(0.0604\right)}{-0.0599}$

Unemployment rate

−0.2

$\underset{\left(0.0262\right)}{-{0.1509}^{***}}$

$\underset{\left(0.0269\right)}{-{0.1682}^{***}}$

$\underset{\left(0.0273\right)}{-{0.1792}^{***}}$

$\underset{\left(0.0275\right)}{-{0.1810}^{***}}$

Intercept

1.9

$\underset{\left(0.2598\right)}{{2.3270}^{***}}$

$\underset{\left(0.2667\right)}{{2.3113}^{***}}$

$\underset{\left(0.2726\right)}{{2.3089}^{***}}$

$\underset{\left(0.2753\right)}{{2.30}^{***}}$

y²

Dynamic equation

y¹₋₁

−0.1

$\underset{\left(0.0541\right)}{0.0224}$

$\underset{\left(0.0567\right)}{-0.0051}$

$\underset{0.0594}{-0.0136}$

$\underset{\left(0.0605\right)}{-0.0191}$

y²₋₁

0.4

$\underset{\left(0.0596\right)}{{0.5851}^{***}}$

$\underset{\left(0.0610\right)}{{0.4926}^{***}}$

$\underset{\left(0.0642\right)}{{0.4846}^{***}}$

$\underset{\left(0.0650\right)}{{0.4752}^{***}}$

Gender = Male

0.05

$\underset{\left(0.0542\right)}{0.0570}$

$\underset{\left(0.0594\right)}{0.0730}$

$\underset{\left(0.0650\right)}{0.0817}$

$\underset{\left(0.0673\right)}{0.0725}$

Medical density

0.5

$\underset{\left(1.0685\right)}{1.3305}$

$\underset{\left(1.1111\right)}{0.5687}$

$\underset{\left(1.1357\right)}{0.4874}$

$\underset{\left(1.1473\right)}{0.3549}$

Intercept

−0.4

$\underset{\left(2.040\right)}{-1.7595}$

$\underset{\left(2.1220\right)}{-0.4677}$

$\underset{\left(2.1704\right)}{-0.4064}$

$\underset{\left(2.1936\right)}{-0.1492}$