(1)

(2)

(3)

(4)

NPL

NPL

LNZ

LNZ

AT

0.0673^***

0.0232^**

−0.0276^***

−0.0139

(3.0370)

(2.0981)

(−2.9980)

(−1.3612)

PREC

0.1548^**

0.1456^*

−0.0410

−0.0277

(1.9719)

(1.8595)

(−0.8192)

(−0.5148)

SS

0.0874^***

0.0267

−0.0361

−0.0355

(3.3732)

(1.4638)

(−0.9084)

(−0.8826)

size

−0.1707^**

0.2167^***

(−2.3371)

(3.7090)

dep

−0.0141

0.0180

(−1.4139)

(1.4572)

car

−0.1452^***

0.0787^***

(−5.9788)

(3.0149)

EA

0.1562^***

−0.0291

(4.6768)

(−0.6143)

ROA

−0.8386^***

0.0950

(−6.9381)

(0.9014)

LNGDP

−0.0577^*

0.0242

(−1.7464)

(0.7958)

LNP

0.4913^***

−0.0472

(3.4097)

(−0.2508)

t

0.0206

−0.0943^***

(1.2336)

(−4.3150)

_cons

1.5384^***

6.2741^***

4.3889^***

−1.7713

(27.1142)

(4.0456)

(70.9492)

(−1.1162)

r2_a

0.0166

0.1837

0.0142

0.1222

F

3.5590

10.2356

3.3344

7.7964