F-statistic | 0.233687 | Prob. F(2,24) | 0.7934 | |
Obs*R-squared | 0.605996 | Prob. Chi-Square(2) | 0.7386 | |
Test Equation: |
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Dependent Variable: RESID |
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Method: ARDL |
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Sample: 1984 2015 |
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Included observations: 32 |
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No d.f. adjustment for standard errors & covariance | ||||
Presample missing value lagged residuals set to zero. | ||||
Variable | Coefficient | Std. Error | t-Statistic | Prob. |
D(LPRICONS(−1)) | −0.077570 | 0.223557 | −0.346980 | 0.7316 |
D(LNDI) | 0.000487 | 0.155559 | 0.003129 | 0.9975 |
D(LGOVEXP) | 0.007892 | 0.082330 | 0.095858 | 0.9244 |
INFL | −0.000146 | 0.003120 | −0.046821 | 0.9630 |
D(DR) | 0.000157 | 0.002805 | 0.055900 | 0.9559 |
D(DR(−1)) | 0.000417 | 0.003386 | 0.123290 | 0.9029 |
RESID(−1) | 0.141808 | 0.290949 | 0.487398 | 0.6304 |
RESID(−2) | −0.105025 | 0.188407 | −0.557437 | 0.5824 |
R-squared | 0.018937 | Mean dependent var | 0.000329 | |
Adjusted R-squared | −0.267206 | S.D. dependent var | 0.025792 | |
S.E. of regression | 0.029034 | Akaike info criterion | −4.028404 | |
Sum squared resid | 0.020231 | Schwarz criterion | −3.661970 | |
Log likelihood | 72.45446 | Hannan-Quinn criter. | −3.906941 | |
Durbin-Watson stat | 1.952729 |
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