| Dependent variable EC | ||||
| Variable | Coefficient | Std. Error | t-Statistic | Prob. |
| Intercept | −19.41368* | 2.056465 | −9.44032 | 0 |
| FA | 0.265225* | 0.025777 | 10.28909 | 0 |
| GDP | 2.224216* | 0.224046 | 9.927502 | 0 |
| R-squared | 0.971673 | |||
| Adjusted R-squared | 0.970055 | |||
| F-statistic | 600.2915 | Probability | 0 | |
| Durbin-Watson stat | 1.62398 | |||