Long-run Coefficient Estimates by DOLS

Data Used

2004Q1 to 2022Q3

1999Q1 to 2022Q3

Value

Prob

Value

Prob

LnY

1.1097

(0.0285)

0.0000

1.1618

(0.0164)

0.0000

LnR

−0.3463

(0.1109)

0.0028

−0.2794

(0.1009)

0.0071

Inf

−0.0437

(0.0173)

0.0145

−0.0221

(0.0180)

0.2255

LnEX

0.4140

(0.0541)

0.0000

0.3351

(0.0375)

0.0000