Cointegrating Eq: | CointEq1 | ||||||
GDP(−1) | 1 | ||||||
INF(−1) | −75812057 | ||||||
−1.50E+07 | |||||||
[−4.89919] | |||||||
FDI(−1) | 8.34E+08 | ||||||
−2.50E+08 | |||||||
[3.32762] | |||||||
LAB(−1) | −3.23E+09 | ||||||
−8.00E+08 | |||||||
[−4.05424] | |||||||
TRO(−1) | 38122556 | ||||||
−7.00E+07 | |||||||
[0.54531] | |||||||
C | 2.74E+11 | ||||||
Error Correction: | D(GDP) | D(CPI) | D(FDI) | D(LAB) | D(TRO) | ||
CointEq1 | −0.596706 | 8.87E−10 | −1.01E−09 | −1.36E−10 | −2.53E−09 | ||
| (0.19400) | (8.6E−10) | (4.0E−10) | (1.4E−10) | (1.8E−09) | ||
| [−3.07583] | [1.03776] | [−2.50948] | [−0.96073] | [−1.39688] | ||
D(GDP(−1)) | 0.023406 | −4.10E−10 | 1.19E−09 | 7.85E−11 | 1.98E−09 | ||
| (0.17893) | (7.9E−10) | (3.7E−10) | (1.3E−10) | (1.7E−09) | ||
| [0.13081] | [−0.52037] | [3.19864] | [0.59980] | [1.18740] | ||
D(INF(−1)) | 1.02E+08 | 0.598717 | −0.053559 | −0.028424 | −0.909850 | ||
| (3.8E+07) | (0.16698) | (0.07873) | (0.02771) | (0.35366) | ||
| [2.68048] | [3.58559] | [−0.68027] | [−1.02558] | [−2.57265] | ||
D(FDI(−1)) | 1.70E+08 | 0.129744 | 0.405840 | 0.132338 | 1.705367 | ||
| (9.0E+07) | (0.39711) | (0.18724) | (0.06591) | (0.84108) | ||
| [1.89090] | [0.32672] | [2.16749] | [2.00781] | [2.02760] | ||
D(LAB(−1)) | 8.29E+08 | −0.929381 | −0.579219 | 0.428918 | −8.792415 | ||
| (5.0E+08) | (2.22570) | (1.04944) | (0.36942) | (4.71405) | ||
| [1.64243] | [−0.41757] | [−0.55193] | [1.16106] | [−1.86515] | ||
D(TRO(−1)) | −6169783. | 0.005292 | 0.077995 | 0.011610 | −0.172523 | ||
| (2.1E+07) | (0.09361) | (0.04414) | (0.01554) | (0.19826) | ||
| [−0.29052] | [0.05654] | [1.76714] | [0.74724] | [−0.87019] | ||
C | −2.81E+08 | 2.865044 | −0.154153 | 0.022760 | 5.412533 | ||
| (2.6E+08) | (1.16719) | (0.55034) | (0.19373) | (2.47212) | ||
| [−1.05935] | [2.45464] | [−0.28010] | [0.11748] | [2.18943] | ||