Variables

Coefficient

Standard Error

t statistics

p-value

LHS variable: ΔLNSENSEX

ΔLNSENSEX (−1)

0.2366

0.140568

1.6836

0.0944

ΔLNIPI(−1)

0.1173

0.113577

1.0334

0.3031

ΔLNGSECR(−1)

0.1307

0.105056

1.2444

0.2153

ΔLNEXRATE(−1)

−0.0282

0.35586

−0.0793

0.9369

ΔLNCPI(−1)

−0.7898

0.414722

−1.9044

0.0588

ΔLNMSCI(−1)

0.5553

0.108698

5.1094

0.0000

ΔLNDY(−1)

0.0429

0.043512

0.9867

0.3254

ΔLNPE(−1)

−0.1347

0.111891

−1.2039

0.2305

ECM(−1)

0.0787

0.061231

1.2858

0.2005