(1)

(2)

(3)

(4)

(5)

(6)

lnuis

lnuis

lnuis

lnris

lnris

lnris

lngf

0.0938^**

0.113

−0.171

−1.060^***

(2.03)

(1.21)

(−1.30)

(−4.22)

lner

0.242^**

0.297

−0.468

−2.683^***

(2.20)

(1.31)

(−1.49)

(−4.38)

lngfxlner

0.0822

−1.855^***

(0.52)

(−4.34)

htl

8.745

7.605

5.926

−13.54

−11.06

2.725

(1.30)

(1.11)

(0.86)

(−0.70)

(−0.57)

(0.15)

ul

4.453^***

4.461^***

4.526^***

5.031^***

5.014^***

3.699^***

(11.27)

(11.31)

(11.06)

(4.47)

(4.46)

(3.34)

gov

2.614^***

2.573^***

2.382^***

−2.844^**

−2.718^**

−3.091^**

(6.42)

(6.30)

(5.42)

(−2.46)

(−2.34)

(−2.60)

ird

24.35^***

23.83^***

23.05^***

16.40^*

17.37^*

41.57^***

(7.02)

(6.89)

(5.69)

(1.66)

(1.76)

(3.79)

_cons

−3.485^***

−3.462^***

−3.315^***

−0.338

−0.407

−1.373^***

(−25.93)

(−25.35)

(−19.59)

(−0.88)

(−1.05)

(−3.00)

N

176

176

176

176

176

176

r2

0.956

0.956

0.957

0.500

0.502

0.557