Table 7 The cumulative effect on the...

Table 7

The cumulative effect on the growth of (GDP/L)

Variable	Sum of lag coefficients	Standard error of the sum*	“t”
Δln(GDP)	9.9465	1.4457	6.8801
Δln(MP)	1.7669	2.5465	0.6938
Δln(D.P.)	1.2714	0.4341	2.9285

Variable	Sum of lag coefficients	Standard error of the sum*	“t”
Δln(GDP)	9.9465	1.4457	6.8801
Δln(MP)	1.7669	2.5465	0.6938
Δln(D.P.)	1.2714	0.4341	2.9285

Note(s): * The standard error of the sum was calculated, adding the square of the respective standard errors of all lagged variables, and extracting their roots squared to that of the sum. $S E = \sqrt{s_{1}^{2} + s_{2}^{2} + s_{3}^{2}}$

Source(s): Own elaboration

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