ARDL Cointegrating And Long Run Form | ||||
Dependent Variable: NROA | ||||
Selected Model: ARDL(1, 0, 0, 4, 3, 4) | ||||
Date: 11/17/21 Time: 11:39 | ||||
Sample: 2007Q1 2020Q4 | ||||
Included observations: 52 | ||||
Cointegrating Form | ||||
Variable | Coefficient | Std. Error | t-Statistic | Prob. |
D(LRTG) | −0.000074 | 0.005074 | −0.014563 | 0.9885 |
D(LINT) | −0.001694 | 0.002758 | −0.614264 | 0.5431 |
D(LMOB) | 0.005500 | 0.007636 | 0.720340 | 0.4762 |
D(LMOB(−1)) | 0.027290 | 0.010985 | 2.484425 | 0.0181 |
D(LMOB(−2)) | −0.021221 | 0.010100 | −2.101181 | 0.0431 |
D(LMOB(−3)) | 0.010000 | 0.005563 | 1.797669 | 0.0811 |
D(LPOS) | −0.010141 | 0.009633 | −1.052750 | 0.2999 |
D(LPOS(−1)) | −0.032104 | 0.011509 | −2.789413 | 0.0086 |
D(LPOS(−2)) | 0.018114 | 0.009341 | 1.939094 | 0.0608 |
D(LBA) | −0.034389 | 0.036396 | −0.944856 | 0.3514 |
D(LBA(−1)) | −0.083037 | 0.044759 | −1.855189 | 0.0723 |
D(LBA(−2)) | −0.060638 | 0.043385 | −1.397674 | 0.1713 |
D(LBA(−3)) | 0.076393 | 0.024755 | 3.086025 | 0.0040 |
CointEq(−1) | −0.714129 | 0.153003 | −4.667429 | 0.0000 |