Dependent Variable: Balance of Payments

Sample: 2002-2018

Variable

Coefficient

Std. Error

t-Statistic

Prob

C

23,238.34

8785.367

2.645119

0.0202

Unit Labour Cost

−246.8327

106.0150

−2.328280

0.0367

Imports

−1.482901

0.109883

−13.49522

0.0000

Exports

1.156907

0.090761

12.74669

0.0000

R-squared

0.953527

Mean dependent var

−15,205.94

Adjusted R-squared

0.942802

S.D dependent var

11,850.46

S.E of regression

2834.162

Akaike info criterion

18.93920

Sum squared resid

1.04E+08

Schwarz criterion

19.13525

F-statistic

88.91039

Durbin-Watson stat

0.964170

Prob (F-statistic)

0.000000