Table 10 Regression results.

From: Cyclical dynamics and co-movement of business, credit, and investment cycles: empirical evidence from India

Predictor variable

Coefficient

Standard error

f-value

P-value

r-square

M3

0.289348

0.126799

5.207306

0.027888

0.115187

GDP = 5.52E−05 + 0.289348X1

GDP

0.398092

0.174452

5.207306

0.027888

0.115187

M3 = −4.5E−05 + 0.398092X1