| : | Dynamic OLS | Fully modified OLS | ||
| Regressors | Coefficients | SE | Coefficients | SE |
| Long-run coefficients |
|
|
|
|
| Crude oil price | 0.321*** (8.986) | 0.035 | 0.298*** (7.943) | 0.037 |
| Exchange rate | 0.040** (2.719) | 0.014 | 0.039** (2.734) | 0.014 |
| Constant | 6.123*** (43.878) | 0.139 | 6.240484*** (53.770) | 0.116 |