Table 6 CS-ARDL outcomes.
Variables | Coefficient | Std. Err. | Z | P > |z | |
|---|---|---|---|---|
Long Run Estimates | ||||
lnTI | 0.0335 | 0.0157 | 2.13 | 0.033 |
lnGDP | 0.3297 | 0.0470 | 7.02 | 0.000 |
lnREC | 0.1585 | 0.0303 | 5.22 | 0.000 |
lnNRR | −0.0017 | 0.0043 | −0.40 | 0.686 |
lnKOFGI | −0.0098 | 0.1263 | −0.08 | 0.938 |
Short Run Estimates | ||||
L(lnGG) | −0.8957 | 0.0321 | −27.92 | 0.000 |
D(lnTI) | 0.0671 | 0.0318 | 2.11 | 0.035 |
D(lnGDP) | 0.6369 | 0.0921 | 6.91 | 0.000 |
D(lnNRR) | −0.0018 | 0.0083 | −0.22 | 0.829 |
D(lnREC) | 0.2990 | 0.0549 | 5.45 | 0.000 |
D(lnKOFGI) | −0.0378 | 0.2385 | −0.16 | 0.874 |
ECM(−1) | −1.8957 | 0.0321 | −59.09 | 0.000 |
