Vector Error Correction Estimates Sample (adjusted): 1983 2018 Included observations: 36 after adjustments Standard errors in ( ) & t-statistics in [ ] | |
Cointegrating Eq: | CointEq1 |
RGDP(−1) | 1.000000 |
TFD(−1) | −12.36993 (4.62621) [−2.67388] |
TO(−1) | 8.516119 (2.07410) [4.10594] |
FD(−1) | −4991.527 (383.197) [−13.0260] |
IR(−1) | −344.3428 (44.9367) [−7.66284] |
INF(−1) | −81.33911 (10.4508) [−7.78303] |
EX(−1) | −160.8792 (26.2505) [−6.12861] |
C | 1035.739 |
Error Correction: | D(RGDP) |
CointEq1 | −0.042702 (0.03696) [−1.15528] |
D(TFD(−1)) | 2.249250 (1.16162) [1.93630] |
D(TFD(−2)) | 0.344874 (1.39143) [0.24786] |
C | 42.66603 (12.7044) [3.35837] |
R-squared Adj. R-squared Sum sq. resids S.E. equation F-statistic Log likelihood Akaike AIC Schwarz SC Mean dependent S.D. dependent | 0.765441 0.589522 9608.624 21.91874 4.351097 −151.6459 9.313663 10.01745 46.40181 34.21139 |
Determinant resid covariance (dof adj.) Determinant resid covariance Log likelihood Akaike information criterion Schwarz criterion | 53.38886 0.872053 −355.1082 26.33935 31.57376 |