Variable | Coefficient | t-Statistic | Prob. |
DLOG (GSMEP (−1)) | 0.582145 | 2.296823 | 0.0364 |
DLOG (GSMEP (−2)) | 0.68182 | 3.014504 | 0.0087 |
DLOG (GSMEP (−3)) | 0.46591 | 2.631192 | 0.0189 |
DLOG (TAXES) | 0.415685 | 0.423479 | 0.678 |
DLOG (TAXES (−1)) | −2.76467 | −2.59464 | 0.0203 |
DLOG (TAXES (−2)) | −1.32246 | −1.42956 | 0.1733 |
DLOG (TAXES (−3)) | −2.56606 | −2.64515 | 0.0184 |
DLOG (GOVEX) | −0.70951 | −0.57826 | 0.5717 |
DLOG (GOVEX (−1)) | 2.609956 | 1.952254 | 0.0698 |
ECT (−1)* | −0.5496 | −5.02517 | 0.0002 |
R-squared | 0.747435 | ||
Adjusted R-squared | 0.621152 | ||
Durbin-Watson stat | 2.449642 |