Variables | Expected Symbol | Coefficient | T-Values |
ln(GDPjt) | + | 2.09 | 2.24 |
ln(Dijt) | − | −0.35 | −2.91 |
ln(RATEijt) | + | 1.24 | 10.17 |
ln(PORit) | + | 0.87 | 13.92 |
ln(STOit) | − | −0.12 | −2.47 |
ln(CONjt) | + | 2.51 | 4.21 |
ln(OILjt) | − | −0.11 | −2.00 |
T | − | 0.36 | 2.06 |