Variable | Coefficient | Standard Error | t-Statistic | Probability |
CointEq(e1) | −0.354 | 0.046 | −7.739 | 0.000 |
D(AG(−1)) | 0.123 | 0.028 | 4.409 | 0.001 |
D(LG) | 0.474 | 0.161 | 2.944 | 0.013 |
D(LG(−1)) | 0.120 | 0.125 | 0.961 | 0.357 |
D(K) | 0.358 | 0.012 | 29.005 | 0.000 |
D(K(−1)) | 0.210 | 0.038 | 5.499 | 0.000 |
D(ALG) | −0.277 | 0.101 | −2.743 | 0.019 |
D(ALG(−1)) | −0.530 | 0.099 | −5.362 | 0.000 |
D(P) | 0.081 | 0.003 | 26.605 | 0.000 |
D(P(−1)) | 0.050 | 0.009 | 5.230 | 0.000 |
D(TFA) | 1.033 | 0.006 | 165.699 | 0.000 |
D(TFA(−1)) | 0.355 | 0.094 | 3.782 | 0.003 |
D(RER) | 0.118 | 0.041 | 2.888 | 0.015 |
D(RER(−1)) | 0.120 | 0.049 | 2.430 | 0.033 |