Estimation Results: | ||
Regressor | Coefficient | t-values |
∆LREVOIL (1) | 0.096 | 2.805*** |
∆LREVOIL (2) | 0.072 | 1.978* |
∆LREVOIL (3) | −0.007 | −0.188 |
∆LREVOIL (4) | −0.024 | −0.637 |
∆LREVOIL (5) | 0.126 | 3.166*** |
∆LREVOIL (6) | 0.197 | 4.941*** |
∆LREVOIL (7) | 0.061 | 1.314 |
∆LREVOIL (8) | −0.010 | −0.246 |
∆LREVOIL (9) | −0.015 | −0.434 |
∆LEXP (1) | −0.202 | −1.923* |
∆LEXP (2) | −0.267 | −2.830*** |
∆LEXP (3) | −0.343 | −3.935*** |
∆LEXP (4) | −0.363 | −3.940*** |
∆LEXP (5) | −0.236 | −2.514** |
∆LEXP (6) | −0.095 | −1.229 |
∆LEXP (7) | −0.041 | −0.628 |
∆LEXP (8) | −0.050 | −0.855 |
∆LEXP (9) | −0.099 | −2.368** |
ECT | −0.171 | −1.894* |
C | 0.006 | 1.433 |
Diagnostic Tests: | ||
Test | Statistics | p-value |
LM Test (Serial Correlation) | 1.067 | 0.435 |
White Test (Heteroskedasticity) | 0.488 | 0.967 |
Jarque-Bera Normality Test | 1.825 | 0.401 |