Risk Management at the Macroeconomy Level and Development in Developing Countries

Table 2

Empirical results (revised model).

	Coefficient estimates	𝑡-Statistics
Intercept	12448.152	6.634
CPIInfRat	−1738.526	−0.947
InterReserves	75.529	1.894**
GovnceInd	9402.489	8.750*

Adjusted 𝑅²=0.564.
*Significant at the 0.5 percent level.
**Significant at the 5 percent level.