Table 6. ARDL estimation of long-run... | Emerald Publishing

Table 6.

ARDL estimation of long-run coefficients

Variable	Coefficient	Std. error	t-statistic	Prob.
NMR	−58.9200	27.5498	−2.1387	0.0482
LOGREMIT	−2.9418	0.7136	−4.1224	0.0008
PGR	−28.6233	33.4676	−0.8553	0.4050
SSE	0.2789	0.0714	3.9034	0.0013
C	64.8478	79.1091	0.8197	0.4244

Variable	Coefficient	Std. error	t-statistic	Prob.
NMR	−58.9200	27.5498	−2.1387	0.0482
LOGREMIT	−2.9418	0.7136	−4.1224	0.0008
PGR	−28.6233	33.4676	−0.8553	0.4050
SSE	0.2789	0.0714	3.9034	0.0013
C	64.8478	79.1091	0.8197	0.4244

Source: Researchers’ computation 2020