Table 6: Multiple regression results.

Variable

Constant0.0702** (2.4376)0.0578** (2.0491)0.0735** (2.5586)
0.5970*** (4.2802)0.6525*** (4.7643)0.5061*** (3.6025)
0.2862*** (5.4522)0.2557*** (4.9545)0.2902***(5.5509)
−0.0355*** (−3.5361)−0.0192* (−1.8939)−0.0218** (−2.1271)
−0.0538 (−0.1570)0.5377 (1.5486)0.4179 (1.1508)
(0.6066) (1.7662) (2.4663)
−0.0746* (−1.8078)−0.0395 (−0.9708)−0.0872** (−2.0903)
0.1836*** (4.0795)0.1713*** (3.8846)0.1705*** (3.8057)
0.0599*** (2.6960)−0.0193 (−0.7423)0.0139 (0.5652)
0.0112 (1.0119)0.0078 (0.7187)0.0267** (2.2380)
−0.8692*** (−4.3652)−0.8661*** (−4.4402)−0.6723*** (−3.3519)
−0.1049*** (−9.1320)
−0.2165*** (−5.3150)
−0.3688*** (−4.1401)
0.6514*** (3.9512)
7.5288***17.0805***9.4311***
Adj. 0.02170.06160.0333

Note: the numerical value in parentheses is the statistic for the coefficient; ***, **, and * denote significance at the 1%, 5%, and 10% significance level.