lMM2

CC

QR

RL

SP

lOC

lPIBCOST

Level variables

LLC

−2.6579

−4.4233***

−5.0191*

−3.8752

−3.3711

−2.9831

−1.9440

IPS

−0.9646

−2.1718***

−2.5358*

−2.2635*

−1.9847

−1.8022

−1.8473

Variables in first difference

LLC

−8.3622*

−8.1474*

−8.7891*

−8.0787*

4.6902**

−8.1094*

−7.2891*

IPS

−3.7392*

−4.3008*

−5.6985*

−4.5118*

4.6902*

−5.7026*

−2.7525*