The Model 169
TABLE 6.19 (Continued)
1968 1969 1970 1971
Variable Coeff T-Stat Coeff T-Stat Coeff T-Stat Coeff T-Stat
Intercept 0.099 1.95 0.132 3.67 0.202 4.66 0.106 8.59
PKL –0.062 –0.65 –0.099 –0.77 –0.24 –2.65 0.029 0.67
CAK –0.138 –2 –0.178 –3.19 –0.262 –5.48 –0.126 –6.27
D2sales –0.107 –0.8 –0.196 –1.8 –0.084 –0.6 –0.015 –0.82
DS 0.398 0.85 0.789 1.3 –0.078 –0.16 0.114 0.46
FS 1.784 1.73 2.024 3.98 1.322 2.35 1.328 9.55
RDS –0.706 –1.37 –0.813 –1.59 0.512 1.86 –0.126 –0.77
1972 1973 1974 1975
Variable Coeff T-Stat Coeff T-Stat Coeff T-Stat Coeff T-Stat
Intercept 0.088 6.37 0.153 8.81 0.147 8.25 0.129 10.34
PKL –0.038 –0.9 –0.039 –0.89 0.07 2.1 0.034 1.36
CAK –0.079 –4.21 –0.203 –7.06 –0.193 –7.09 –0.2 –9.36
D2sales 0.01 0.96 0.09 3.67 0.05 2.32 0.051 2.94
DS 0.262 2.41 –1.215 –5.98 –2.715 –8.33 –0.668 –3.32
FS 1.829 17.01 0.279 6.9 0.694 9.15 0.816 9.05
RDS –0.029 –0.15 0.735 2.87 0.293 1.12 0.61 3.4
1976 1977 1978 1979
Variable Coeff T-Stat Coeff T-Stat Coeff T-Stat Coeff T-Stat
Intercept 0.047 4.36 0.01 0.67 0.038 3.79 0.026 1.48
PKL 0.055 1.6 –0.147 –3.28 0.092 3.14 –0.108 –2.09
CAK –0.032 –3.19 –0.004 –0.39 –0.053 –5.04 –0.004 –0.53
D2sales 0.008 0.73 –0.034 –2.61 –0.008 –0.76 0.053 2.52
DS –0.958 –4.31 3.21 10.47 –0.704 –4.39 2.239 7.84
FS 1.268 22.36 1.84 18.5 1.364 25.82 1.315 14.08
RDS 0.946 5.13 2.304 12.21 0.892 6.69 0.532 2.27
1980 1981 1982 1983
Variable Coeff T-Stat Coeff T-Stat Coeff T-Stat Coeff T-Stat
Intercept 0.04 4.18 0.068 3.75 0.114 7.17 –0.015 –1.05
PKL 0.086 3.18 –0.049 –0.85 0.019 0.41 0.27 5.25
CAK –0.023 –2.34 0 –0.01 –0.161 –6.65 –0.003 –1.04
D2sales –0.007 –1 –0.024 –0.94 0.064 3.18 –0.019 –2.17
DS –0.552 –2.83 0.1 0.19 0.368 1.45 0.448 1
FS 1.79 15.61 1.698 13.86 –0.252 –2.06 1.238 17.33
RDS 0.015 0.09 0.281 1.21 0.71 5.16 0.013 0.11
(Continued)