Cointegrating Eq: | CointEq1 |
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SSA_INFLR(−1) | 1.000000 |
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SSA_IMPR(−1) | 0.206938 |
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| (0.04944) |
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| [4.18524] |
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SSA_EXPR(−1) | −0.295493 |
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| (0.06037) |
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| [−4.89468] |
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SSA_UER(−1) | 2.004070 |
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| (0.33154) |
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| [6.04471] |
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SSA_FDIR(−1) | 2.221087 |
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| (0.38885) |
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| [5.71197] |
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SSA_GSAVR(−1) | −0.238325 |
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| (0.04728) |
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| [−5.04023] |
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C | −13.09300 |
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Error Correction: | D(SSA_INFLR) | D(SSA_IMPR) | D(SSA_EXPR) | D(SSA_UER) | D(SSA_FDIR) | D(SSA_GSAVR) |
CointEq1 | −1.171633 | −0.316814 | 1.251630 | −0.057184 | 0.097288 | 0.294082 |
| (0.41035) | (2.63640) | (2.25892) | (0.04915) | (0.13543) | (0.75210) |
| [−2.85519] | [−0.12017] | [0.55408] | [−1.16335] | [0.71835] | [0.39101] |
D(SSA_INFLR(−1)) | 0.065636 | −0.734235 | −2.489388 | 0.004867 | 0.062287 | −0.234725 |
| (0.29192) | (1.87552) | (1.60698) | (0.03497) | (0.09635) | (0.53504) |
| [0.22484] | [−0.39148] | [−1.54911] | [0.13919] | [0.64649] | [−0.43870] |
D(SSA_IMPR(−1)) | 0.114660 | −0.193555 | 0.142702 | −0.004352 | −0.018944 | −0.059142 |
| (0.05076) | (0.32611) | (0.27942) | (0.00608) | (0.01675) | (0.09303) |
| [2.25894] | [−0.59353] | [0.51072] | [−0.71585] | [−1.13083] | [−0.63573] |
D(SSA_EXPR(−1)) | −0.087840 | −0.342110 | −0.234982 | −0.007759 | 0.022502 | 0.003005 |
| (0.06971) | (0.44786) | (0.38374) | (0.00835) | (0.02301) | (0.12776) |
| [−1.26010] | [−0.76387] | [−0.61235] | [−0.92919] | [0.97804] | [0.02352] |