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