Table 7

Wald test results (TRI)

TRI
At 1st QuantileQ2Q3Q4Q5Q6Q7Q8Q9
−0.00660.0186−0.00850.01110.0163*0.0196**5.9E−060.0085
0.62190.33290.48500.20040.07730.03940.99950.5852
At 5th QuantileQ1Q2Q3Q4Q6Q7Q8Q9
0.0186−0.00850.01110.00330.0130*0.0196**5.9E−060.0085
0.33290.48500.20040.59550.06090.03940.99950.5852
At 9th QuantileQ1Q2Q3Q4Q5Q6Q7Q8
0.0186−0.00850.01110.0163*0.0196**5.9E−060.00850.0106
0.33290.48500.20040.07730.03940.99950.58520.1607
Source(s): Author’s own elaboration

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