Short run estimates | |||
Variables | Coefficients | t-statistic | Probability |
TC_PIB (−1) | 0.054731 | 0.134077 | 0.4082 |
D (FBCF) | −0.346244 | −5.444565 | 0.0000 |
D (FBCF (−1)) | 0.185109 | 3.695527 | 0.0018 |
D (FBCF (−2)) | 0.361165 | 6.148337 | 0.0000 |
D (FBCF (−3)) | 0.219226 | 3.735037 | 0.0016 |
D (IDE) | −0.013576 | −0.201309 | 0.8428 |
D (IDE (−1)) | −0.234044 | −2.166146 | 0.0448 |
D (IDE (−2)) | −0.025970 | −0.227862 | 0.8225 |
D (IDE (−3)) | −0.211090 | −1.838222 | 0.0836 |
D (OUV) | 0.111018 | 2.347031 | 0.0313 |
D (TC_POP) | −3.138491 | −0.081043 | 0.9364 |
D (TC_POP (−1)) | −169.7202 | −1.921586 | 0.0716 |
D (TC_POP (−2)) | 270.3480 | 3.050472 | 0.0072 |
D (TC_POP (−3)) | −231.5937 | −5.904962 | 0.0000 |
CointEq (−1)* | −0.945269 | −11.18861 | 0.0000 |
Long run estimates | |||
FBCF | −0.694764 | −2.439733 | 0.0259 |
IDE | 0.426884 | 1.350445 | 0.1946 |
OUV | 0.198956 | 1.891233 | 0.0758 |
TC_POP | 22.58775 | 3.768912 | 0.0015 |
EDUC | 0.127069 | 0.820766 | 0.4231 |
C | −72.72615 | −4.003828 | 0.0009 |
Diagnostic test of the model | |||
Type of test | Tests | Values | Probability |
Autocorrelation | Breusch-Godfrey | 0.76 | 0.48 |
Hétéroscédasticity | Breusch-Pagan-Godfrey | 0.66 | 0.80 |
Normality | Jarque-Bera | 0.63 | 0.72 |
Spécification | Ramsey (Fisher) | 0.46 | 0.50 |
R-squared | 0.786015 | ||
Ajusted R-squared | 0.594555 |