Regressor

Coefficient

S.E

t-Statistic

p-Value

Δce_t

−0.0897

0.0536

−1.6736

0.1034

Δre_t

−0.3582

0.1383

−2.5899

0.0140^**

Δcp_t

−0.0172

0.0402

−0.4291

0.6706

Δfgre_t

0.6640

0.1150

5.7731

0.0000^*

ΔD2009_t

0.1202

0.0920

1.3062

0.2003

Δtrend_t

0.0844

0.0221

3.8194

0.0005^*

EC_(t−1)

−0.8059

0.1232

−6.5397

0.0000^*

R²

0.6154

Adjusted R²

0.5249

AIC

(0.9664)

SC

(0.5977)

HQIC

(0.8304)

F-statistic

6.8010^*

LM F-Statistic

1.7236 (0.1946)

¹Jarque-Berra

0.07203 (0.9646)