| Independent variables | 1992.01-2001.09 period | 2001.10-2016.12 period | ||||||
|---|---|---|---|---|---|---|---|---|
| Dependent variable | Dependent variable | |||||||
| URp | RUp | URf | RUf | URp | RUp | URf | RUf | |
| UCp(-1) | 0.759 | 0.642 | 0.431 | 0.190* | 0.097 | 0.060** | 0.678 | 0.720 |
| CUp(-1) | 0.842 | 0.719 | 0.568 | 0.273 | 0.055** | 0.032*** | 0.642 | 0.840 |
| URp(-1) | - | 0.579 | 0.304 | 0.123* | - | 0.827 | 0.762 | 0.900 |
| RUp(-1) | 0.112* | - | 0.163* | 0.113* | 0.856 | - | 0.805 | 0.766 |
| RCp(-1) | 0.518 | 0.388 | 0.504 | 0.753 | 0.930 | 0.862 | 0.887 | 0.916 |
| CRp(-1) | 0.250 | 0.166* | 0.338 | 0.535 | 0.944 | 0.878 | 0.927 | 0.938 |
| UCf(-1) | 0.832 | 0.770 | 0.656 | 0.919 | 0.057** | 0.049*** | 0.308 | 0.208 |
| CUf(-1) | 0.651 | 0.387 | 0.796 | 0.878 | 0.937 | 0.720 | 0.460 | 0.644 |
| URf(-1) | 0.391 | 0.626 | - | 0.332 | 0.123* | 0.159* | - | 0.003*** |
| RUf(-1) | 0.863 | 0.559 | 0.511 | - | 0.430 | 0.287 | 0.787 | - |
| RCf(-1) | 0.969 | 0.958 | 0.723 | 0.585 | 0.416 | 0.470 | 0.346 | 0.675 |
| CRf(-1) | 0.978 | 0.941 | 0.542 | 0.605 | 0.604 | 0.428 | 0.886 | 0.535 |
| R2 | 0.553 | 0.540 | 0.597 | 0.604 | 0.869 | 0.869 | 0.880 | 0.849 |
| Adjusted R2 | 0.501 | 0.486 | 0.550 | 0.558 | 0.860 | 0.860 | 0.872 | 0.839 |
| F-statistic | 10.628 | 10.075 | 12.707 | 13.093 | 93.769 | 93.501 | 103.572 | 79.374 |