Variable | Coefficient | Std. Error | t-Statistic | Prob. |
LC(−1) | 0.462 | 0.155 | 2.974 | 0.004 |
LGDP | 1.147 | 0.283 | 4.057 | 0.000 |
LRPM | −0.029 | 0.014 | −2.054 | 0.044 |
LOPEN(−1) | −0.188 | 0.079 | −2.383 | 0.020 |
LREER | 1.175 | 0.354 | 3.322 | 0.001 |
ECM(−1) | 0.418 | 0.161 | 2.606 | 0.011 |
C | −14.051 | 3.805 | −3.692 | 0.000 |
R-squared | 0.98241 | Mean dependent var |
| 13.0768 |
Adjusted R-squared | 0.98085 | S.D. dependent var |
| 0.61891 |
S.E. of regression | 0.08564 | Akaike info criterion |
| 1.98859 |
Sum squared resid | 0.49875 | Schwarz criterion |
| 1.77229 |
Log likelihood | 81.5721 | Durbin-Watson stat |
| 1.92105 |