Variable | Items | T | λ | k | α0 | μ1 | μ2 | α2 | α1 |
Debt | Coefficient | 72 | 0.71 | 8 | 57.5992 | 79.4065 | −74.3534 | 4.7782 | 13.6402 |
t-value |
|
|
| 3.8937 | 3.3072 | −1.4624 | 6.6699 | 6.7311 | |
R | Coefficient | 72 | 0.54 | 9 | 14.5268 | −0.0852 | −0.3019 | −0.1329 | 2.5288 |
t-value |
|
|
| 28.8042 | −0.1166 | −0.1973 | −7.1953 | 4.3809 | |
NX | Coefficient | 72 | 0.71 | 16 | −2.2868 | −0.6244 | 2.9717 | −0.1056 | 2.5648 |
t-value |
|
|
| −3.5943 | −0.7214 | 1.4470 | −5.2306 | 5.7016 | |
HPI | Coefficient | 72 | 0.54 | 14 | 84.1834 | −9.7963 | 2.1913 | 0.6122 | 3.1770 |
t-value |
|
|
| 47.5773 | −3.5863 | 0.3957 | 9.1166 | 6.2784 | |
GDP | Coefficient | 72 | 0.10 | 4 | 63.6211 | −0.8957 | 3.9201 | 1.8040 | 8.5603 |
t-value |
|
|
| 8.2599 | −0.1178 | 0.4480 | 13.6744 | 3.4058 | |
CPI | Coefficient | 72 | 0.15 | 6 | 90.7220 | 0.5554 | 2.1259 | 0.7632 | 2.4436 |
t-value |
|
|
| 61.4758 | 0.3886 | 0.8591 | 43.2699 | 3.4969 | |
U | Coefficient | 72 | 0.21 | 8 | 7.6969 | 4.2986 | −1.0096 | −0.0970 | 2.2965 |
t-value |
|
|
| 36.9812 | 13.7334 | −1.4204 | −17.4201 | 6.6533 |