Table 5

Long-run coefficient estimates

Dependent variable: CADDependent variable: BD
VariablesCoefficient (p-value)VariablesCoefficient (p-value)
BD0.3725821 (0.050)CAD0.2111914 (0.043)
INF0.090316 (0.043)INF−0.2149863 (0.234)
RR0.1776284 (0.205)RR−0.0924317 (0.643)
lnGDP−3.036628 (0.031)lnGDP−15.47544 (0.055)

Source(s): Table by authors

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