Table 1. Annual |
Regression Resu |
Is, 1994-2002 (Continued)____________________ | ||
Variables |
1999 |
2000 |
2001 |
2002 |
Intercept |
-1.7409 |
0.11272 |
-1.59713 |
0.12384 |
MKS |
0.31932 (3.35)* |
0.16185 (4.3)* |
0.80792 (11.96)* |
0.26469 |
CTR |
-0.00192 |
-0.01897 |
0.00109 |
-0.00964 |
CAE |
4.60951 (28.88)* |
0.52705 (7.62)* |
1.78614 (38.39)* |
0.30071 (10.02)* |
CAR |
-1.30639 |
1.09321 (2.13)* |
-0.59971 |
0.78481 |
DER |
0.00796 |
-0.00005 |
0.00137 |
-0.00011 |
Cdum1 |
-1.5372 |
-0.20536 |
0.2053 |
-0.05023 |
Rdum3 |
0.11843 |
0.35406 |
0.33347 |
-0.07824 |
Note: t-values are in parentheses. *Significant at the 5% level.
11
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