Table 6 AMG test results

Constant

− 19.511***

(5.337))

− 21.204***

(5.116)

− 17.112***

(4.154)

lnP

0.736***

(0.279)

0.833***

(0.262)

0.586***

(0.152)

lnA

0.852***

(0.257)

0.887***

(0.255)

1.246**

(0.564)

lnT

0.154

(0.128)

0.221*

(0.118)

− 0.671

(0.529)

lnBSD

− 0.120**

(0.052)

− 1.327**

(0.586)

lnBSD \(\times \) lnT

0.415**

(0.207)

Wald \({x}^{2}\)

14.51***

30.15***

38.08***

Root MSE

0.110

0.102

0.093

Residual order of integration

I(0)

I(0)

I(0)

CSD test statistic [p values]

0.69 [0.489]

0.64 [0.524]

1.20 [0.229]

Number of observations

330

330

330