| Long Run Coefficients | |||
| Variable | Coefficient | t-Statistic | Prob. |
| LOGMSZ | 5.08705 | 9.054031*** | 0.0008 |
| DINFR | 0.099051 | 0.114501 | 0.9144 |
| FEX | −0.000204 | −0.13285 | 0.9007 |
| GEXP | −0.074958 | −1.43759 | 0.2239 |
| OPN | 0.117488 | 5.745742*** | 0.0045 |
| INFL | −0.051712 | −3.61493** | 0.0225 |
| RINTR | −0.062692 | −4.02929** | 0.0157 |
| C | −12.547069 | −3.11259** | 0.0358 |