sustain

Coef.

St.Err.

t-value

p-value

[95% Conf

Interval]

Sig

lnaging

0.226

0.032

7.09

0

0.163

0.289

***

ir

−0.016

0.009

−1.79

0.075

−0.033

0.002

*

to

0.864

0.282

3.07

0.002

0.309

1.419

***

ur

−0.007

0.011

−0.63

0.532

−0.028

0.014

gs

0.18

0.091

1.99

0.048

0.002

0.359

**

is

−0.03

0.02

−1.55

0.123

−0.069

0.008

pergdp

0.03

0.006

5.24

0

0.019

0.041

***

perfai

−0.013

0.006

−2.23

0.026

−0.024

−0.002

**

2011b

0

.

.

.

.

.

2012

0.025

0.032

0.77

0.442

−0.039

0.089

2013

−0.025

0.022

−1.15

0.253

−0.068

0.018

2014

−0.047

0.024

−1.93

0.055

−0.095

0.001

*

2015

−0.095

0.032

−2.94

0.004

−0.159

−0.031

***

2016

−0.11

0.036

−3.10

0.002

−0.181

−0.04

***

2017

−0.126

0.036

−3.49

0.001

−0.198

−0.055

***

2018

−0.14

0.036

−3.89

0

−0.211

−0.069

***

2019

−0.149

0.033

−4.52

0

−0.214

−0.084

***

Constant

0.91

0.939

0.97

0.334

−0.941

2.761

Mean dependent var

−0.166

SD dependent var

0.118

R-squared

0.618

Number of obs

234

F-test

21.958

Prob > F

0.000

Akaike crit. (AIC)

−528.756

Bayesian crit. (BIC)

−470.015