(1960-1975) (1.28) (3.71)* (-1.67)*** (1.28) (-4.78)* (0.36) (-2.76)* (-1.43) 19.08)* (-4.58)* (2.31)** 0.8355 0.0002 0.4579 0.3622 2700 -1.232 0.526 -0.032 0.101 -0.432 -0.143 -0.078 0.028 1.232 -0.416 0.0002 (1975-1989) (-1.43) (2.58)** (-0.68) (1.95)*** (-3.67)* (-0.83) (-2.60)* (0.47) (34.21)* (-5.65)* (0.00) 0.5949 0.0081 0.0696 0.7718 1910 9.392 0.005 0.022 0.030 0.075 0.168 -0.069 0.108 0.547 -0.431 0.381 (1989-2015) (9.94)* (0.06) (0.57) (0.96) (1.65)*** (2.30)** (-2.21)** (2.72)* (9.34)* (-7.26)* (8.05)* 0.0581 0.5518 0.0000 0.2171 4070 *The variable is significant at 1% significance level; **The variable is significant at 5% significance level; ***The variable is significant at 10% significance level
(1960-1975) (1.28) (3.71)* (-1.67)*** (1.28) (-4.78)* (0.36) (-2.76)* (-1.43) 19.08)* (-4.58)* (2.31)** 0.8355 0.0002 0.4579 0.3622 2700 (1975-1989) -1.232 (-1.43) 0.526 (2.58)** -0.032 (-0.68) 0.101 (1.95)*** -0.432 (-3.67)* -0.143 (-0.83) -0.078 (-2.60)* 0.028 (0.47) 1.232 (34.21)* -0.416 (-5.65)* 0.0002 (0.00) 0.5949 0.0081 0.0696 0.7718 1910 (1989-2015) 9.392 (9.94)* 0.005 (0.06) 0.022 (0.57) 0.030 (0.96) 0.075 (1.65)*** 0.168 (2.30)** -0.069 (-2.21)** 0.108 (2.72)* 0.547 (9.34)* -0.431 (-7.26)* 0.381 (8.05)* 0.0581 0.5518 0.0000 0.2171 4070 *The variable is significant at 1% significance level; **The variable is significant at 5% significance level; ***The variable is significant at 10% significance level