Long-run analysis
| Long-run coefficients | ||||
|---|---|---|---|---|
| Dependent variable | REVt | |||
| Independent variable | RATEt | CRISIS | CONSTANT | |
| 397.022*** (4.493) | −7.780*** (–4.528) | −26.526 *** (–3.852) | −5.364.262*** (–4.472) | |
| Long-run coefficients | ||||
|---|---|---|---|---|
| Dependent variable | ||||
| Independent variable | CONSTANT | |||
| 397.022 | −7.780 | −26.526 | −5.364.262 | |
Notes:
*** is the significance level at 1%. The t-statistics are in the parenthesis
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