Table II: Vector error correction estimates
Cointegrating Eq: |
CointEql | |
(У, - it - gt ) |
1.000 | |
ct |
0.92885 | |
============================ Error Correction: |
δ(yt -it - gt) |
======================= δ ct |
CointEql |
-2.389532 |
-0.981355 |
(0.54524) |
(0.30161) | |
[-4.38250] |
[-3.25376] | |
δ(yt-1 - it-1 - gt-1 ) |
1.020788 |
0.373852 |
(0.48236) |
(0.26682) | |
[2.11625] |
[1.40114] | |
δ(yt-2 - it-2 - gt-2 ) |
-0.015802 |
-0.013759 |
(0.50947) |
(0.28182) | |
[-0.03102] |
[-0.04882] | |
δ ct-1 |
-1.470476 |
-0.649994 |
(0.79101) |
(0.43756) | |
[-1.85897] |
[-1.48551] | |
δ ct-2 |
-0.065547 |
-0.075175 |
(0.86049) |
(0.47599) | |
[-0.07617] |
[-0.15793] | |
R-squared |
0.587589 |
0.507467 |
Adjusted R-squared |
0.550097 |
0.462692 |
Sum square residuals |
8.41E+08 |
2.57E+08 |
S.E. equation |
4372.412 |
2418.637 |
F-statistic |
15.67242 |
11.33354 |
============================ Determinant Residual Covariance |
======================= 9.98E+12 | |
Log Likelihood |
-872.3769 | |
Akaike Information Criteria |
36.09702 | |
Schwarz Criteria |
36.56032 |
( ) = standard errors
[ ] = t-statistics
22
More intriguing information
1. The name is absent2. BODY LANGUAGE IS OF PARTICULAR IMPORTANCE IN LARGE GROUPS
3. IMPLICATIONS OF CHANGING AID PROGRAMS TO U.S. AGRICULTURE
4. Expectation Formation and Endogenous Fluctuations in Aggregate Demand
5. Nach der Einführung von Arbeitslosengeld II: deutlich mehr Verlierer als Gewinner unter den Hilfeempfängern
6. Prevalence of exclusive breastfeeding and its determinants in first 6 months of life: A prospective study
7. The name is absent
8. RETAIL SALES: DO THEY MEAN REDUCED EXPENDITURES? GERMAN GROCERY EVIDENCE
9. Valuing Farm Financial Information
10. The use of formal education in Denmark 1980-1992