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Vector Error Correction Estimates
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Date: 01/02/13 Time: 11:33
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Sample (adjusted): 1972 2010
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Included observations: 39 after adjustments
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Standard errors in ( ) & t-statistics in [ ]
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Cointegrating Eq:
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CointEq1
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LIDH(-1)
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1.000000
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LFEIDE(-1)
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-0.002642
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(0.00086)
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[-3.05581]
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LECO2H(-1)
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-0.001685
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(0.00158)
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[-1.06859]
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LAEPE_PIB(-1)
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-0.014109
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(0.00374)
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[-3.77348]
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LPIBH(-1)
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-0.003174
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(0.00428)
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[-0.74204]
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C
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-0.176686
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Error Correction:
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D(LIDH)
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D(LFEIDE)
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D(LECO2H)
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D(LAEPE_PIB)
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D(LPIBH)
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CointEq1
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-0.083705
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37.66518
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13.47564
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15.04801
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18.76738
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(0.03340)
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(26.9197)
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(16.3148)
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(6.24109)
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(4.79254)
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[ 2.50598]
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[ 1.39917]
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[ 0.82598]
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[ 2.41112]
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[ 3.91596]
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D(LIDH(-1))
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0.083583
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-34.77588
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0.896909
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-2.165038
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-7.551478
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(0.04018)
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(32.3859)
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(19.6276)
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(7.50837)
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(5.76569)
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[ 2.07997]
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[-1.07380]
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[ 0.04570]
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[-0.28835]
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[-1.30973]
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D(LFEIDE(-1))
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-5.93E-05
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-0.360076
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0.095103
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-0.044858
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-0.032829
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(0.00021)
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(0.17030)
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(0.10321)
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(0.03948)
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(0.03032)
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[-0.28076]
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[-2.11436]
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[ 0.92144]
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[-1.13615]
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[-1.08279]
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D(LECO2H(-1))
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-0.000744
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-0.431495
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0.025485
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-0.005400
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-0.015550
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(0.00037)
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(0.29708)
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(0.18004)
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(0.06887)
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(0.05289)
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[-2.01810]
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[-1.45248]
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[ 0.14155]
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[-0.07840]
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[-0.29401]
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D(LAEPE_PIB(-1))
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0.002772
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1.607950
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-0.128321
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-0.175682
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0.083097
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(0.00147)
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(1.18788)
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(0.71992)
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(0.27540)
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(0.21148)
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[ 1.88052]
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[ 1.35364]
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[-0.17824]
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[-0.63792]
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[ 0.39293]
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D(LPIBH(-1))
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-0.003193
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-1.661883
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-0.074945
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0.522946
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0.267712
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(0.00169)
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(1.36595)
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(0.82784)
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(0.31668)
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(0.24318)
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[-1.88375]
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[-1.21665]
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[-0.09053]
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[ 1.65133]
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[ 1.10088]
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C
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0.001184
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0.069051
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0.011793
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0.057157
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0.056602
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(0.00015)
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(0.12368)
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(0.07495)
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(0.02867)
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(0.02202)
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[ 7.71318]
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[ 0.55832]
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[ 0.15733]
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[ 1.99338]
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[ 2.57068]
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R-squared
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0.478649
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0.210845
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0.048975
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0.373918
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0.488131
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Adj. R-squared
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0.380896
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0.062878
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-0.129342
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0.256527
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0.392155
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Sum sq. resids
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1.77E-05
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11.47996
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4.216618
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0.617049
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0.363857
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S.E. equation
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0.000743
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0.598956
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0.363000
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0.138863
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0.106633
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F-statistic
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4.896501
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1.424947
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0.274653
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3.185251
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5.085992
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Log likelihood
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229.4969
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-31.49091
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-11.96030
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25.51557
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35.81522
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Akaike AIC
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-11.41010
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1.973893
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0.972323
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-0.949516
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-1.477703
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Schwarz SC
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-11.11151
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2.272481
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1.270911
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-0.650928
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-1.179115
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Mean dependent
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0.001334
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0.017496
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-0.002444
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0.076284
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0.068146
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S.D. dependent
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0.000945
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0.618724
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0.341582
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0.161047
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0.136771
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Determinant resid covariance (dof adj.)
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1.45E-12
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Determinant resid covariance
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5.39E-13
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Log likelihood
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274.1563
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Akaike information criterion
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-12.00802
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Schwarz criterion
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-10.30180
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