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 |