Variable

Coefficient

Std. error

t-statistic

Prob.*

Long run equation

LCFDI

−0.051217

0.011844

−4.324144

0.0003

LREM

−0.027848

0.008625

−3.228641

0.0039

LFA

−0.081115

0.012872

−6.301441

0.0000

Short-run equation

COINTEQ01

−0.178636

0.112640

−1.585907

0.1270

D (LCFDI)

0.006080

0.019492

0.311908

0.7580

D (LREM)

0.181657

0.102386

1.774240

0.0899

D (LFA)

−0.049256

0.063729

−0.772889

0.4478

C

−0.201010

0.125998

−1.595345

0.1249

Mean dependent var

−0.018226

S.D. dependent var

0.036973

S.E. of regression

0.036088

Akaike info criterion

−4.346051

Sum squared residuals

0.028651

Schwarz criterion

−3.275318

Log likelihood

136.6513

Hannan-Quinn criterion

−3.938309