1 Cointegrating Equation(s):

Log likelihood

−2488.750

Normalized cointegrating coefficients (standard error in parentheses)

GDP_PCCU

WORKERS_RMT

TRADE

GFCF

FDI

1.000000

9.47E-08

3.71E-08

−1.26E-07

−4.85E-07

(3.4E-08)

(7.8E-09)

(1.6E-08)

(4.5E-08)

Adjustment coefficients (standard error in parentheses)

D(GDP_PCCU)

0.267064

(0.29174)

D(WORKERS_RMT)

−647043.7

(1393407)

D(TRADE)

−8927794.

(3087866)

D(GFCF)

9065266.

(1769012)

D(FDI)

837304.5

(626938.)