Variables | Coefficient | Std. Error | t-Statistics | Probability |
C | 26.64805 | 18.17642 | 1.466077 | 0.1542 |
D(ACE(-1)) | 0.304626 | 0.177354 | 1.717619 | 0.0973 |
D(AVAT) | −2.131155 | 1.480105 | −1.439867 | 0.1614 |
D(ACIT) | −0.002946 | 0.003762 | −0.783119 | 0.4404 |
D(ACED) | −4.130201** | 1.720120 | −2.401111 | 0.0235 |
D(ACED(−1)) | −0.101924 | 1.621682 | −0.062851 | 0.9503 |
D(ACED(−2)) | −4.538447** | 1.602402 | −2.832276 | 0.0086 |
D(APPT) | 0.448026** | 0.130657 | 3.429031 | 0.0020 |
D(APPT(−1)) | 0.182205 | 0.137398 | 1.326106 | 0.1959 |
ECT(−1) | −1.063001** | 0.236747 | −4.490031 | 0.0001 |