Breusch-Godfrey Serial Correlation LM Test:

F-statistic

1.396825

Prob. F(2.24)

0.2668

Obs*R-squared

3.127961

Prob. Chi-Square(2)

0.2093

Sample: 1985 2015

Included observations: 30

Presample missing value lagged residuals set to zero.

Variable

Coefficient

Std. Error

t-Statistic

Prob.

C

0.282962

2.278287

0.124199

0.9022

LOG (ASI)

0.014903

0.119559

0.124650

0.9018

LOG (MC)

−0.009399

0.083254

−0.112900

0.9110

LOG (TNL)

−0.063450

0.469886

−0.135033

0.8937

RESID (−1)

0.296479

0.207199

1.430889

0.1654

RESID (−2)

−0.239630

0.232319

−1.031469

0.3126

R-squared

0.104265

Mean dependent var

4.12E-16

Adjusted R-squared

−0.082346

S.D. dependent var

0.207251

S.E. of regression

0.215615

Akaike info criterion

−0.053784

Sum squared resid

1.115760

Schwarz criterion

0.226455

Log likelihood

6.806762

Hannan-Quinn criter.

0.035867

F-statistic

0.558730

Durbin-Watson stat

1.809616

Prob (F-statistic)

0.730397