Tdr

−00163***

−0.00160***

−0.00129***

−0.00121***

(−20.63)

(−24.44)

(−16.35)

−(10.42)

Gov

0.564***

−0.718***

−0.862***

−3.78

(−4.11)

(−5.08)

Edu

0.144***

0.151***

(−4.72)

(3.97)

Pd

−0.000618*

( −1.69)

AR(1)

0.0596

0.0589

0.0601

0.0592

0.0585

0.0586

0.0592

(−1.8835)

(−1.8889)

(−1.8803)

(−1.8866)

(−1.8923)

(−1.8914)

(−1.8868)

AR(2)

0.2666

0.2622

0.3022

0.3684

0.3793

0.3572

0.3605

(1.1110)

(1.1212)

(1.0318)

(0.8994)

(−0.8792)

(0 .9208)

(0.9143)

Sargan Test

0.9978

0.9980

0.9973

0.9993

0.9962

0.9984

0.9985

(28.3748)

(28.1346)

(28.8240)

(26.1961)

(29.6071)

(27.7180)

(27.5784)