Dependent variable: Z

Method: least squares

Variable

Coefficient

Std. error

t-statistic

Prob.

Z(−1)

1.024551

0.044718

22.91114

0.0000

R-squared

−0.2423

Mean dependent var

1.21266

Adjusted R-squared

−0.2423

S.D. dependent var

0.16416

S.E. of regression

0.1829

Akaike info criterion

−0.47924

Sum squared resid

0.3682

Schwarz criterion

−0.43883

Log likelihood

3.87546

Hannan-Quinn criter.

−0.49420

Durbin-Watson stat

2.84541