Var

(1)

(2)

(3)

(4)

(5)

(6)

zs

zs

blr

blr

dir

dir

dis(0)

0.041^***

0.002

0.002^***

0.002^***

0.065^***

0.05^***

(3.79)

(0.13)

(6.02)

(3.31)

(4.46)

(5.75)

F test

47.54^***

38.91^***

8.69^***

61.28^***

59.83^***

83.91^***

R²-redust

53.12%

85.61%

49.61%

78.60%

45.70%

81.66%