Dependent variable, Regressors | Coefficients | T-ratio (p-value) | |
| −1.678 | −6.623*** (0.000) | |
| 0.756 | 9.088*** (0.000) | |
| 1.380 | 2.917*** (0.006) | |
Constant | −40.662 | −2.510*** (0.017) | |
Short run estimation result | |||
Dependent variable,
| −0.637 | −4.302*** (0.000) | |
| 0.287 | 2.760*** (0.009) | |
| 0.524 | 3.088*** (0.000) | |
Constant | −30.839 | −2.746** (0.010) | |
ECM (−1) | −0.37 | −3.459*** (0.001) | |
R2: 0.992, DW-statistic: 1.449, F-stat: 1002.840*** (0.000) |