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| Variable | t-bar | cv5 | P |
| Lpvt | -1.475 | -2.210 | 0.87 |
| Lpub | -1.959 | -2.210 | 0.16 |
| Lgdp | -2.532 | -2.210 | 0.00 |
| Lpopu1 | -0.856 | -2.210 | 1.00 |
| Lpopu2 | -1.745 | -2.210 | 0.47 |
| Lurb | -0.252 | -2.210 | 1.00 |
| Limr | -2.925 | -2.210 | 0.00 |
| Ledu | -2.125 | -2.210 | 0.04 |
| Lflab | -1.836 | -2.210 | 0.32 |
