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