Dependent variable: RGDPPC | ||||
Variable | Coefficient | Std. Error | T-Statistic | Prob. |
D(DCPS) | 0.0514 | 0.0206 | 2.4923 | 0.0197 |
D(DCPS(−1)) | −0.1348 | 0.0228 | −5.9209 | 0.0000 |
D(DD) | −0.1513 | 0.0282 | −5.3638 | 0.0000 |
D(DD(−1)) | 0.1084 | 0.0275 | 3.9378 | 0.0006 |
D(INV) | 0.0049 | 0.0184 | 0.2655 | 0.7928 |
D(INV(−1)) | 0.1013 | 0.0214 | 4.7232 | 0.0001 |
D(PG) | −0.1594 | 0.0537 | −2.9709 | 0.0065 |
D(TO) | −0.0377 | 0.0219 | −1.7245 | 0.0970 |
D(GS) | 0.1601 | 0.0323 | 4.9584 | 0.0000 |
D(GS(−1)) | −0.1029 | 0.0342 | −3.0043 | 0.0060 |
C | 0.6361 | 0.0611 | 10.4073 | 0.0000 |
CointEq(−1) | −0.2329 | 0.0225 | −10.3520 | 0.0000 |