Dependent Variable = CVC:

DOLS

FMOLS

CCR

Regressors

Coefficients

SE

Coefficients

SE

Coefficients

SE

Oil price

−2.193a (−3.550)

0.617

−1.168c (−1.755)

0.665

−1.200c (−1.771)

0.677

Food prices

−63.261a (−7.323)

8.638

−70.252a (−6.405)

10.968

−69.274a (−6.395)

10.831

Constant

344.810a (8.012)

43.033

377.838 a (6.894)

54.803

372.919 (6.899)

54.049

R2

Adjusted R2

0.918

0.907

0.787

0.781

0.788

0.782

Normality Test:

47.025a [0.000]

2.904 [0.234]

3.519 [0.172]