Table 12 PMG/ARDL Estimation.

From: Exploring the nexus between economic growth and tourism demand: the role of sustainable development goals

 

Long run relationship

Short run relationship

Variables

Coefficient

Std. Error

Coefficient

Std. Error

EG

1.0890***

0.0827

0.1727

0.1844

SDG

−1.6885*

0.9084

1.7921

1.8355

REC

−0.0074***

0.0150

−0.7088**

0.2997

FIN

0.0075

0.0534

0.1525

0.3449

COINTEQ01

-

-

−0.5946***

0.9961

  1. Note: ***, **, and * represents 1%, 5%, and 10% level of significant.
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