Variable

Coefficient

St. Error

t-Statistic

Probability

C

8.4537

3.4629

2.4412

0.0168

LREMITT

0.6366

0.0460

13.8468

0.0000***

LREER

2.3446

0.6863

3.4161

0.0010***

LTOPEN

−0.9120

0.2104

−4.3353

0.0000***

LINVESTMENT

1.3213

0.2826

4.6758

0.0000***

LDOMESTIC_SAVINGS

−0.0722

0.1072

−0.6742

0.5021

R-squared

0.8679

Mean dependent var

23.4247

Adjusted R-squared

0.8598

S.D. dependent var

1.7061

S.E. of regression

0.6389

Sum squared resid

33.0584

Durbin-Watson stat

0.2624

J-statistic

81.0000

Instrument rank

7

PROB (J-statistic)

0.0000