Table 19 Long run pattern matrix results.
GDP = α + 0.01861*GDP(−1)−0.00300*GDP(−2) + 0.05133*GFCF(−1) + 0.07203*GFCF (−2) + 0.09682*NFGBC(−1) + 0.06417*NFGBC(−2) | ||||
|---|---|---|---|---|
Variables | Coefficient | Std. error | z-statistic | P-value |
GDP (−1) | 0.01861 | 0.00208 | 8.94427 | 0.0000*** |
GDP (−2) | −0.00300 | 0.01139 | 0.26393 | 0.7918 |
GFCF (−1) | 0.05133 | 0.01924 | 2.66789 | 0.0076** |
GFCF (−2) | 0.07203 | 0.00805 | 8.94426 | 0.0000*** |
NFGBC (−1) | 0.09682 | 0.01483 | 6.52599 | 0.0000*** |
NFGBC (−2) | 0.06417 | 0.00717 | 8.94427 | 0.0000*** |
