Models with six variables

R2 = 0.63

Models with eight variables

R2 = 0.63

Source

Value

Pr > |t|

Value

Pr > |t|

Intercept

5.147

0.082

28.739

0.293

GDPchan

0.000

−0.016

0.906

CPI

0.763

0.000***

0.709

0.002***

REER

0.000

−0.212

0.393

RemittGDP

3.796

0.013***

3.724

0.016***

CurrtransfGDP

−0.353

0.009***

−0.443

0.004***

BBGDP

−0.248

0.060

−0.242

0.084

FDIGDP

0.183

0.144

0.149

0.271

TD4GDP

0.415

0.000***

0.387

0.001***