Pooled Mean Group and Mean Group Results

PMG

Hausman test

MG

Coefficient

Std. Error

h-test

p-value

Coefficient

Std. Error

Long Run

PD

−0.0687***

0.1164

−0.129**

0.0581

GDP

0.1579*

0.0928

−0.0200

0.124

CP

0.5020***

0.0948

0.798***

0.190

RINT

−0.1494***

0.0419

−0.130

0.112

FDI

0.2886

0.3671

0.439

0.349

COR

0.1034***

0.0243

0.109**

0.0693

Short Run

ECT

−0.5582***

0.0869

−0.7980***

0.0257

PD

0.0018

0.0537

−0.0066

0.0921

GDP

0.1670

0.1545

0.2206

0.1857

RINT

0.0503*

0.0269

0.0702

0.0208

CP

0.1577

0.4595

−0.1481

0.4066

FDI

−0.2920

0.2057

−0.4460

0.2597

COR

0.0366

0.0552

0.00599

0.0376

Hausman test ( ${\chi }^2$ )

2.34

0.8860