Error Correction | D(CRUDE_SPOT) | D(CRUDE_FUTURE) |
CointEq1 | −0.736710 | −0.670553 |
(0.30153) | (0.33631) | |
[−2.44321] | [−1.99385] | |
D(CRUDE_SPOT (−1)) | 0.341176 | 0.271840 |
(0.52064) | (0.58068) | |
[0.65531] | [0.46814] | |
D(CRUDE_SPOT (−2)) | 0.825303 | 1.134791 |
(0.51736) | (0.57703) | |
[1.59522] | [1.96661] | |
D(CRUDE_FUTURE (−1)) | −0.138169 | −0.115614 |
(0.46906) | (0.52316) | |
[−0.29457] | [−0.22099] | |
D(CRUDE_FUTURE (−2)) | −0.804160 | −1.113752 |
(0.46236) | (0.51569) | |
[−1.73924] | [−2.15973] |