| Adjustment coefficients (standard error in parentheses) | ||||
| D(LOG(RGDP)) | −0.048730 |
|
|
|
|
| (0.06905) |
|
|
|
| D(LOG(FDI)) | −0.093099 |
|
|
|
|
| (0.32996) |
|
|
|
| D(LOG(IND)) | 0.451370 |
|
|
|
|
| (0.23372) |
|
|
|
| 2 Cointegrating Equation(s): | Log likelihood | 29.29665 |
| |
| Normalized cointegrating coefficients (standard error in parentheses) | ||||
| LOG(RGDP) | LOG(FDI) | LOG(IND) |
|
|
| 1.000000 | 0.000000 | −0.904068 |
|
|
|
|
| (0.02401) |
|
|
| 0.000000 | 1.000000 | −0.439429 |
|
|
|
|
| (0.06110) |
|
|
| Adjustment coefficients (standard error in parentheses) | ||||
| D(LOG(RGDP)) | −0.044778 | −0.010923 |
|
|
|
| (0.07785) | (0.04527) |
|
|
| D(LOG(FDI)) | 0.278778 | −0.471010 |
|
|
|
| (0.33961) | (0.19750) |
|
|
| D(LOG(IND)) | 0.453102 | 0.053808 |
|
|
|
| (0.26356) | (0.15327) |
|
|