Dependent Variable: LNPERCAPIT | |||||
Selected Model: ARDL (1, 1, 1, 1, 1, 1) | |||||
Variable | Coefficient | Std. Error | t-Statistic | Prob.* | |
LNPERCAPIT (−1) | 0.041 | 0.200 | 0.207 | 0.839 | |
LNINSINVES | −0.232 | 0.059 | −3.958 | 0.001 | |
LNINSINVES (−1) | 0.103 | 0.052 | 1.979 | 0.067 | |
LNINTEREST | 0.069 | 0.121 | 0.572 | 0.576 | |
LNINTEREST (−1) | 0.265 | 0.140 | 1.890 | 0.078 | |
LNTRADEOP | 0.045 | 0.104 | 0.432 | 0.672 | |
LNTRADEOP (−1) | 0.219 | 0.091 | 2.404 | 0.030 | |
LNGOVEXP | 0.565 | 0.153 | 3.700 | 0.002 | |
LNGOVEXP (−1) | 0.442 | 0.134 | 3.302 | 0.005 | |
INF | −0.249 | 0.355 | −0.702 | 0.493 | |
INF (−1) | −1.139 | 0.250 | −4.554 | 0.000 | |
C | 0.635 | 0.170 | 3.744 | 0.002 | |
R-squared | 0.999 | Mean dependent var | 7.509 | ||
Adjusted R-squared | 0.998 | S.D. dependent var | 0.543 | ||
S.E. of regression | 0.024 | Akaike info criterion | −4.314 | ||
Sum squared resid | 0.009 | Schwarz criterion | −3.738 | ||
Log likelihood | 70.239 | Hannan-Quinn criter. | −4.143 | ||
F-statistic | 1199.486 | Durbin-Watson stat | 2.206 | ||
Prob(F-statistic) | 0.000 | ||||