| GDPGROWTH | Coefficient | Standard Error | t-statistic | P value (P < 0.05) |
| C | 929.177 | 245.553 | 3.78 | 0.000 |
| INFLATION | −5.477 | 0.706 | −7.76 | 0.000* |
| OPEN | −4.412 | 1.791 | −2.46 | 0.015* |
| REER | 5.133 | 1.892 | 2.71 | 0.007* |
| INVESTMENT | 1.847 | 2.678 | 0.69 | 0.491 |
| Adjusted R-squared | 0.2736 | |||
| R-squared | 0.2898 | |||
| F-statistic | 17.86 | |||
| Prob (F-statistic) | 0.0000 | |||
| No of observations | 180 | |||