Variable

Coefficient estimates

t-Values

ln(GDP_VN_(NOT)t/POP_VNt)

0.082394***

3.305562

ln(PES_VN_(NOT)t−1)

0.938683***

3.305562

Log(Tt)

0.026446**

2.253827

D104t

0.171312***

5.156001

adj. R2: 0.99; DW: 2.31. *** denotes significance at the 1% level, ** significance on the 5% level and * significance on the 10% level respectively.