ARDL regression based on AIC

Dependent variable: LnExp

Regressor

Coefficient

Standard Error

T Statistic

LnExp (−1)

Lnrev

−0.40

0.725

(0.121)

(0.1861)

−3.31***

3.89***

Wald Test Restriction

test ( ${\alpha }_1$ =1)

(1) ${\alpha }_1$ =

F (1, 20) = 2.18

Prob > F = 0.1552