DEL_LNGDP

DEL_LNAGR

DEL_LNIND

DEL_LNSER

DEL_LNGDP(−1)

2.072

1.535

2.481

1.097

[1.099]

[0.579]

[1.000]

[0.456]

DEL_LNGDP(−2)

4.461

2.140

5.734

5.073

[2.421]

[0.826]

[2.363]

[2.159]

DEL_LNAGR(−1)

−0.332

−0.205

−0.433

−0.027

[−0.862]

[−0.379]

[−0.855]

[−0.054]

DEL_LNAGR(−2)

0.785

0.294

1.011

1.010

[1.896]

[0.505]

[1.855]

[1.912]

DEL_LNIND(−1)

−0.204

−0.025

−0.189

0.042

[−0.232]

[−0.020]

[−0.163]

[0.037]

DEL_LNIND(−2)

1.906

1.145

2.385

1.993

[2.164]

[0.925]

[2.059]

[1.775]

DEL_LNSER(−1)

0.669

0.668

0.797

0.189

[1.212]

[0.861]

[1.097]

[0.268]

DEL_LNSER(−2)

1.180

0.466

1.603

1.316

[2.319]

[0.651]

[2.394]

[2.428]