| Variables | Coefficient | STD. ERROR | T-STAT |
| CointEq1 | −0.048957 | 0.21352 | −0.22928 |
| LMQ (−1) | 0.880270 | 0.23198 | 3.79459 |
| D (LFDI (−1)) | 0.880270 | 0.02483 | 2.92857 |
| D (LINF (−1)) | −0.893342 | 0.38407 | −2.32601 |
| D (LER (−1)) | 0.817278 | 0.36911 | 2.21421 |
| D (LDET (−1)) | −0.045016 | 0.09078 | −0.49586 |
| D (LXPT (−1)) | −0.015126 | 0.08359 | −0.18096 |
| C | 0.063945 | 0.06014 | 1.06321 |
| WD | 0.019547 | 0.10345 | 0.18895 |