Table 5. Short-run and long-run test... | Emerald Publishing

Table 5.

Short-run and long-run test statistics


	Sukuk variables
	Sukuk volume			Sukuk density
Dependent variable: growth	Coef.	Std.Err.	p value	Coef.	Std.Err.	p value
Long-term relations
Sukuk variable	0.005	0.002	0.001	0.017	0.002	0.000
Inflation	0.000	0.000	0.001	−0.001	0.000	0.000
Open	−0.013	0.003	0.000	−0.007	0.001	0.000
Finstress	0.000	0.000	0.628	0.002	0.000	0.000
Short-term relations
EC	−0.404	0.140	0.004	−0.320	0.108	0.003
DSukuk variable	−0.060	0.038	0.110	−0.019	0.020	0.340
Dinflation	−0.001	0.014	0.964	0.001	0.013	0.946
Dopen	−0.008	0.014	0.580	−0.003	0.018	0.868
Dfinstress	0.000	0.001	0.866	0.000	0.000	0.504
Constant	0.019	0.010	0.047	−0.029	0.007	0.000


	Sukuk variables
	Sukuk volume			Sukuk density
Dependent variable: growth	Coef.	Std.Err.	p value	Coef.	Std.Err.	p value
Long-term relations
Sukuk variable	0.005	0.002	0.001	0.017	0.002	0.000
Inflation	0.000	0.000	0.001	−0.001	0.000	0.000
Open	−0.013	0.003	0.000	−0.007	0.001	0.000
Finstress	0.000	0.000	0.628	0.002	0.000	0.000
Short-term relations
EC	−0.404	0.140	0.004	−0.320	0.108	0.003
DSukuk variable	−0.060	0.038	0.110	−0.019	0.020	0.340
Dinflation	−0.001	0.014	0.964	0.001	0.013	0.946
Dopen	−0.008	0.014	0.580	−0.003	0.018	0.868
Dfinstress	0.000	0.001	0.866	0.000	0.000	0.504
Constant	0.019	0.010	0.047	−0.029	0.007	0.000