| Variables | Quantile | Coefficient | Std. Error | t-Statistic | Prob. |
| Short-run Estimates | |||||
| D (Gas Production (−1)) | 0.200 | 0.011403 | 0.237668 | 0.047977 | 0.9620 |
|
| 0.350 | 0.079209 | 0.250591 | 0.316091 | 0.7541 |
|
| 0.500 | 0.281715 | 0.262482 | 1.073275 | 0.2914 |
|
| 0.650 | 0.294742 | 0.270292 | 1.090459 | 0.2839 |
|
| 0.800 | 0.338474 | 0.276658 | 1.223438 | 0.2304 |
| D (Technology licensing) | 0.200 | 0.005511 | 0.071963 | 0.076576 | 0.9395 |
|
| 0.350 | −0.033105 | 0.072716 | −0.455263 | 0.6521 |
|
| 0.500 | −0.099484 | 0.053479 | −1.860250 | 0.0724 |
|
| 0.650 | −0.108094 | 0.049899 | −2.166250 | 0.0381 |
|
| 0.800 | −0.132489 | 0.046332 | −2.859572 | 0.0075 |
| D (Income (−1)) | 0.200 | 0.010908 | 0.710860 | 0.015345 | 0.9879 |
|
| 0.350 | 0.295193 | 0.731698 | 0.403436 | 0.6894 |
|
| 0.500 | 0.818181 | 0.461613 | 1.772441 | 0.0861 |
|
| 0.650 | 0.970379 | 0.452375 | 2.145078 | 0.0399 |
|
| 0.800 | 0.885129 | 0.391108 | 2.263133 | 0.0308 |
| D (Trade volume) | 0.200 | 0.086449 | 0.075075 | 1.151505 | 0.2583 |
|
| 0.350 | 0.100375 | 0.084613 | 1.186282 | 0.2445 |
|
| 0.500 | 0.149661 | 0.066093 | 2.264406 | 0.0307 |
|
| 0.650 | 0.161375 | 0.060661 | 2.660254 | 0.0123 |
|
| 0.800 | 0.136748 | 0.050564 | 2.704445 | 0.0110 |
| D (Inflation rate) | 0.200 | −0.000290 | 0.001477 | −0.196558 | 0.8455 |
|
| 0.350 | −1.95E−05 | 0.001361 | −0.014331 | 0.9887 |
|
| 0.500 | −2.68E−05 | 0.001058 | −0.025299 | 0.9800 |
|
| 0.650 | 0.000194 | 0.000989 | 0.196331 | 0.8456 |
|
| 0.800 | −0.000362 | 0.001312 | −0.275472 | 0.7848 |
| ECT (−1) | 0.200 | −0.361352 | 0.209250 | −1.726892 | 0.0941 |
|
| 0.350 | −0.423367 | 0.225639 | −1.876298 | 0.0701 |
|
| 0.500 | −0.522601 | 0.163813 | −3.190237 | 0.0032 |
|
| 0.650 | −0.571057 | 0.159340 | −3.583898 | 0.0011 |
|
| 0.800 | −0.444200 | 0.137541 | −3.229579 | 0.0029 |
| Long-run Estimates | |||||
| Technology licensing | 0.200 | −0.118271 | 0.183673 | −0.643921 | 0.5239 |
|
| 0.350 | −0.093533 | 0.120581 | −0.775686 | 0.4433 |
|
| 0.500 | −0.123086 | 0.107908 | −1.140651 | 0.2620 |
|
| 0.650 | −0.186339 | 0.111491 | −1.671331 | 0.1038 |
|
| 0.800 | −0.137168 | 0.088354 | −1.552479 | 0.1298 |
| Income | 0.200 | −0.461628 | 0.253578 | −1.820459 | 0.0775 |
|
| 0.350 | −0.280652 | 0.214941 | −1.305720 | 0.2004 |
|
| 0.500 | −0.398483 | 0.192678 | −2.068132 | 0.0463 |
|
| 0.650 | −0.296804 | 0.194472 | −1.526206 | 0.1362 |
|
| 0.800 | −0.259644 | 0.191823 | −1.353555 | 0.1848 |
| Trade volume | 0.200 | 0.336931 | 0.094787 | 3.554622 | 0.0011 |
|
| 0.350 | 0.219951 | 0.081254 | 2.706944 | 0.0105 |
|
| 0.500 | 0.265845 | 0.076834 | 3.459986 | 0.0015 |
|
| 0.650 | 0.226878 | 0.077743 | 2.918314 | 0.0062 |
|
| 0.800 | 0.187055 | 0.095403 | 1.960670 | 0.0582 |
| Inflation rate | 0.200 | 0.001934 | 0.003097 | 0.624437 | 0.5365 |
|
| 0.350 | 0.000110 | 0.001866 | 0.058911 | 0.9534 |
|
| 0.500 | −0.000131 | 0.001753 | −0.074577 | 0.9410 |
|
| 0.650 | 0.000463 | 0.001955 | 0.236689 | 0.8143 |
|
| 0.800 | −0.000380 | 0.002527 | −0.150360 | 0.8814 |
| Constant | 0.200 | 8.582205 | 0.948705 | 9.046229 | 0.0000 |
|
| 0.350 | 7.915804 | 0.762345 | 10.38350 | 0.0000 |
|
| 0.500 | 8.629602 | 0.651399 | 13.24779 | 0.0000 |
|
| 0.650 | 8.500184 | 0.682996 | 12.44543 | 0.0000 |
|
| 0.800 | 8.231564 | 0.649375 | 12.67613 | 0.0000 |