Dependent variable: ∆(Log RGDP) | |||
41 observations used for estimation from 1980 to 2020 | |||
Regressors | EViews | R | Stata |
Parameter estimates (Std. Error) | Parameter estimates (Std. Error) | Parameter estimates (Std. Error) | |
Constant | 0.019 (0.024) | −0.814 (0.247)*** | 0.101 (0.019)*** |
∆(Log RGDP (−1)) | −0.039 (0.175) | −0.026 (0.192) | −0.258 (0.167) |
∆(Log RGDP (−2)) | 0.461 (0.172)** | 0.355 (0.182) | - |
∆(Log Exchange Rate (−1)) | 0.049 (0.176) | −0.136 (0.169) | 0.055 (0.132) |
∆(Log Exchange Rate (−2)) | −0.197 (0.168) | −0.021 (0.194) | - |
∆(Log Real Public Debt (−1)) | −0.055 (0.118) | 0.013 (0.111) | 0.342 (0.106)*** |
∆(Log Real Public Debt (−2)) | −0.244 (0.106)** | −0.046 (0.112) | - |
∆(Log Real Expenditure (−1)) | −0.276 (0.121)** | −0.078 (0.101) | −0.249 (0.065)*** |
∆(Log Real Expenditure (−2)) | −0.089 (0.107) | −0.086 (0.084) | - |
∆(Log Real Imports (−1)) | −0.012 (0.069) | 0.122 (0.080) | −0.114 (0.047)*** |
∆(Log Real Imports (−2)) | 0.029 (0.067) | 0.060 (0.082) | - |
∆(Log Real Exports (−1)) | −0.125 (0.076) | −0.058 (0.097) | 0.180 (0.077)*** |
∆(Log Real Exports (−2)) | −0.181 (0.079)** | −0.127 (0.085) | - |
∆(Log Broad Money Supply (M2) (−1)) | 0.351 (0.103)*** | −0.301 (0.118)** | 0.322 (0.067)*** |
∆(Log Broad Money Supply (M2) (−2)) | 0.011 (0.101) | −0.110 (0.095) | - |
ECT | −0.049 (0.027)* | −0.158 (0.052)*** | −0.248 (0.047)*** |