Tables and Figures
Table 1: Regression Result for Inflation and Growth
|
Dependent Variable→ |
GDPGR |
GDPPCGR |
|
∆GFCE(-1) |
-1.503 (0.898) |
-1.489 (0.888) |
|
∆INVPR(-1) |
0.417*** (0.231) |
0.379*** (0.229) |
|
∆INVPU(-2) |
1.633** (0.461) |
1.652** (0.456) |
|
INF(-1) |
-0.318*** (0.080) |
-0.314*** (0.080) |
|
INFVOL(-1) |
-0.451*** (0.130) |
-0.456*** (0.129) |
|
POPGR(-1)_______________________ |
-4.724*** (o.497) |
- |
|
R-squared |
0.494 |
0.533 |
|
Adjusted R-squared |
0.407 |
0.452 |
|
Durbin-Watson stat |
1.742 |
1.742 |
|
JB |
1.442 [0.486] |
1.480 [0.486] |
|
Breusch-Godfrey Serial Correlation |
0.366 [0.697] |
0.463 [0.634] |
|
Heteroskedasticity Test: ARCH (F-statistic & p-values)___________________ |
1.023 [0.319] |
0.803 [0.377] |
Note: ** and *** indicates significance at 5 and 1 per cent level of significance.
Standard error in ( ) bracket and p-value in [] parenthesis.
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