Table 1.

Parameters’ estimation value for Models 1–5

ParametersModel 1Model 2Model 3Model 4Model 5
β00.932 (0.01)1.052 (0.05)−0.278 (0.42)0.438 (0.01)1.106 (0.00)
β10.266 (0.00)0.327 (0.00)0.849 (0.01)0.721 (0.00)0.991 (0.00)
β2 −0.055 (0.00)−0.044 (0.00)−0.033 (0.00)−0.054 (0.00)
β3   −0.052 (0.00)−0.040 (0.00)
β4    −1.791 (0.00)
 R2 = 0.46 DW = 1.59R2 = 0.60 DW = 1.61R2 = 0.68 DW = 1.95R2 = 0.89 DW = 1.82R2 = 0.94 DW = 1.87

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