Sample (adjusted): 2000-2017

Included observations: 17 after adjustments

Convergence achieved after 4 iterations

Variable

Coefficient

Std. Error

t-Statistic

Prob.

C

7.131729

0.095113

7.121471

0.0000

LNL_s

0.405112

0.089301

2.037913

0.0291

AR(1)

0.917255

0.015510

49.02328

0.0000

R-squared

0.997170

Mean dependent var

9.490312

Adjusted R-squared

0.991213

S.D. dependent var

0.510931

F-statistic

1810.514

Durbin-Watson stat

2.302997

Prob (F-statistic)

0.000000

Inverted AR Roots

0.95