Dependent Variable: Balance of Payments | ||||
Sample: 2002-2018 | ||||
Variable | Coefficient | Std. Error | t-Statistic | Prob |
C | 23,238.34 | 8785.367 | 2.645119 | 0.0202 |
Unit Labour Cost | −246.8327 | 106.0150 | −2.328280 | 0.0367 |
Imports | −1.482901 | 0.109883 | −13.49522 | 0.0000 |
Exports | 1.156907 | 0.090761 | 12.74669 | 0.0000 |
R-squared | 0.953527 | Mean dependent var | −15,205.94 | |
Adjusted R-squared | 0.942802 | S.D dependent var | 11,850.46 | |
S.E of regression | 2834.162 | Akaike info criterion | 18.93920 | |
Sum squared resid | 1.04E+08 | Schwarz criterion | 19.13525 | |
F-statistic | 88.91039 | Durbin-Watson stat | 0.964170 | |
Prob (F-statistic) | 0.000000 |