Table 4 Results of long-run estimation... | Emerald Publishing

Table 4

Results of long-run estimation

ARDL (4, 2, 4, 4, 4)		Model selection method: AIC
Variable	Coefficient	Std. Error	t-Statistic	Prob. Value
Long-run estimates
FINT_t	−0.963	0.386	−2.493	0.021**
FOP_t	2.041	0.764	2.672	0.014**
GFCF_t	0.092	0.113	0.812	0.426
INF_t	−0.060	0.018	−3.377	0.003***
Constant	4.768	2.750	1.734	0.098*

ARDL (4, 2, 4, 4, 4)		Model selection method: AIC
Variable	Coefficient	Std. Error	t-Statistic	Prob. Value
Long-run estimates
FINT_t	−0.963	0.386	−2.493	0.021**
FOP_t	2.041	0.764	2.672	0.014**
GFCF_t	0.092	0.113	0.812	0.426
INF_t	−0.060	0.018	−3.377	0.003***
Constant	4.768	2.750	1.734	0.098*

Note(s): ***, ** and * denote significance at the 1, 5 and 10% levels, respectively