Method
|
\(\rho \)
|
\(\beta _0\)
|
\(\beta _1\)
|
\(\beta _2\)
|
\(\sigma \)
|
\(D(\beta _1)\)
|
\(M(\beta _1)\)
|
\(T(\beta _1)\)
|
---|
Scenario I
|
NCM
|
4.78
|
10.43
|
2.06
|
3.75
|
4.53
|
2.20
|
9.50
|
5.10
|
(\(-\) 0.16)
|
(\(-\) 0.58)
|
(0.16)
|
(\(-\) 0.04)
|
(\(-\) 1.03)
|
(0.18)
|
(0.29)
|
(0.23)
|
DME
|
7.28
|
13.66
|
2.54
|
4.47
|
8.26
|
2.60
|
13.68
|
7.03
|
(\(-\) 3.83)
|
(\(-\) 3.11)
|
(0.04)
|
(0.01)
|
(5.93)
|
(\(-\) 0.67)
|
(\(-\) 9.36)
|
(\(-\) 4.65)
|
PDM
|
86.67
|
26.44
|
3.04
|
4.27
|
33.63
|
2.80
|
38.25
|
18.46
|
(\(-\) 86.65)
|
(\(-\) 21.59)
|
(2.04)
|
(\(-\) 1.04)
|
(32.90)
|
(\(-\) 0.81)
|
(0.02)
|
(\(-\) 0.43)
|
SPDM
|
8.79
|
14.00
|
2.34
|
4.03
|
7.46
|
2.37
|
15.96
|
7.80
|
(\(-\) 6.44)
|
(\(-\) 5.42)
|
(0.41)
|
(0.29)
|
(5.13)
|
(\(-\) 0.01)
|
(\(-\) 12.24)
|
(\(-\) 5.62)
|
CIP
|
11.97
|
13.99
|
2.39
|
4.05
|
18.79
|
2.63
|
20.11
|
10.07
|
(\(-\) 10.03)
|
(\(-\) 6.56)
|
(0.31)
|
(0.20)
|
(17.30)
|
(\(-\) 1.03)
|
(\(-\) 17.12)
|
(\(-\) 8.40)
|
Scenario J
|
NCM
|
5.06
|
9.60
|
2.06
|
3.40
|
4.47
|
2.20
|
9.92
|
5.28
|
(\(-\) 0.50)
|
(0.04)
|
(\(-\) 0.02)
|
(0.16)
|
(\(-\) 0.53)
|
(\(-\) 0.07)
|
(\(-\) 0.52)
|
(\(-\) 0.27)
|
DME
|
11.91
|
14.89
|
2.76
|
4.79
|
14.31
|
3.09
|
21.37
|
10.84
|
(\(-\) 9.78)
|
(\(-\) 6.59)
|
(0.24)
|
(0.35)
|
(12.56)
|
(\(-\) 1.32)
|
(\(-\) 18.71)
|
(\(-\) 9.29)
|
PDM
|
85.89
|
28.55
|
3.36
|
4.17
|
36.13
|
3.06
|
31.53
|
15.58
|
(\(-\) 85.88)
|
(\(-\) 24.18)
|
(2.12)
|
(\(-\) 0.57)
|
(35.25)
|
(\(-\) 1.08)
|
(\(-\) 17.68)
|
(\(-\) 8.68)
|
SPDM
|
14.99
|
16.94
|
2.66
|
4.27
|
13.40
|
2.73
|
26.63
|
12.72
|
(\(-\) 13.51)
|
(\(-\) 10.34)
|
(0.62)
|
(0.67)
|
(11.74)
|
(\(-\) 0.33)
|
(\(-\) 24.77)
|
(\(-\) 11.53)
|
CIP
|
18.84
|
16.15
|
2.59
|
3.98
|
28.81
|
3.00
|
30.17
|
14.91
|
(\(-\) 17.59)
|
(\(-\) 10.87)
|
(0.65)
|
(0.96)
|
(27.80)
|
(\(-\) 1.69)
|
(\(-\) 28.63)
|
(\(-\) 14.03)
|
Scenario K
|
NCM
|
4.89
|
9.31
|
2.02
|
3.55
|
4.42
|
2.09
|
9.43
|
4.97
|
(\(-\) 0.48)
|
(0.20)
|
(\(-\) 0.02)
|
(0.13)
|
(\(-\) 1.20)
|
(\(-\) 0.06)
|
(\(-\) 0.52)
|
(\(-\) 0.27)
|
DME
|
38.47
|
38.15
|
5.21
|
8.66
|
36.57
|
5.80
|
53.69
|
26.64
|
(\(-\) 36.89)
|
(\(-\) 30.17)
|
(1.58)
|
(1.74)
|
(35.05)
|
(\(-\) 3.31)
|
(\(-\) 52.39)
|
(\(-\) 25.80)
|
PDM
|
81.42
|
50.07
|
5.18
|
8.30
|
45.17
|
5.04
|
65.30
|
31.27
|
(\(-\) 81.29)
|
(\(-\) 43.86)
|
(2.43)
|
(1.42)
|
(43.80)
|
(\(-\) 1.86)
|
(\(-\) 63.47)
|
(\(-\) 30.09)
|
SPDM
|
45.94
|
45.60
|
4.95
|
8.20
|
38.18
|
4.97
|
67.31
|
32.06
|
(\(-\) 44.76)
|
(\(-\) 39.29)
|
(1.69)
|
(1.98)
|
(36.70)
|
(\(-\) 1.84)
|
(\(-\) 66.77)
|
(\(-\) 31.60)
|
CIP
|
44.04
|
34.64
|
3.41
|
4.47
|
52.76
|
3.57
|
59.21
|
28.69
|
(\(-\) 43.14)
|
(\(-\) 31.81)
|
(2.49)
|
(2.29)
|
(52.13)
|
(\(-\) 2.76)
|
(\(-\) 58.55)
|
(\(-\) 28.33)
|
Scenario L
|
NCM
|
4.84
|
9.44
|
2.01
|
3.40
|
4.93
|
2.16
|
9.57
|
5.13
|
(\(-\) 0.27)
|
(\(-\) 0.47)
|
(0.01)
|
(\(-\) 0.23)
|
(\(-\) 0.60)
|
(0.00)
|
(\(-\) 0.07)
|
(\(-\) 0.03)
|
DME
|
20.28
|
22.43
|
3.52
|
6.00
|
24.59
|
4.16
|
33.16
|
16.73
|
(\(-\) 18.59)
|
(\(-\) 15.55)
|
(0.47)
|
(0.14)
|
(22.91)
|
(\(-\) 2.41)
|
(\(-\) 31.33)
|
(\(-\) 15.66)
|
PDM
|
84.05
|
38.60
|
4.28
|
5.87
|
40.73
|
4.02
|
50.74
|
24.49
|
(\(-\) 84.00)
|
(\(-\) 34.50)
|
(2.54)
|
(\(-\) 0.43)
|
(39.48)
|
(\(-\) 1.16)
|
(\(-\) 42.00)
|
(\(-\) 19.87)
|
SPDM
|
29.18
|
29.64
|
3.50
|
5.48
|
25.88
|
3.48
|
47.55
|
22.48
|
(\(-\) 28.07)
|
(\(-\) 24.61)
|
(1.18)
|
(0.57)
|
(24.12)
|
(\(-\) 0.88)
|
(\(-\) 46.65)
|
(\(-\) 21.85)
|
CIP
|
27.94
|
22.79
|
3.12
|
4.21
|
40.35
|
3.27
|
41.89
|
20.44
|
(\(-\) 26.98)
|
(\(-\) 19.15)
|
(1.76)
|
(1.55)
|
(39.58)
|
(\(-\) 2.05)
|
(\(-\) 40.91)
|
(\(-\) 19.86)
|
- Direct (D), indirect (M) and total (T) impact estimates refer to the second regressor (whose coefficient is \(\beta _1\)). All values are multiplied by 100