Table 6.
ARDL model of SSE & COVID-19 Cases.
Coefficients | Estimate | Std. Error | t-value | P-value |
---|---|---|---|---|
Intercept | −7.865e-05 | 7.334e-04 | −0.107 | 0.9147 |
LOG (Ct.t) | −6.930e-03 | 3.269e-03 | −2.120 | 0.0348 * |
LOG (Ct.1) | −1.079e-02 | 5.184e-03 | −2.081 | 0.0382 * |
LOD (Ct.2) | −1.324e-02 | 6.075e-03 | −2.180 | 0.0301 * |
LOG (Rt.3) | 4.084e-03 | 5.569e-03 | 0.733 | 0.0639 * |
LOG (Yt.1) | −1.240e+00 | 5.367e-02 | −23.108 | <2e-16 *** |
LOG (Yt.2) | −1.109e+00 | 7.745e-02 | 14.314 | <2e-16 *** |
LOG (Yt.3) | −8.154e-01 | 7.661e-02 | −10.644 | <2e-16 *** |
LOG (Yt.4) | −3.786e-01 | 5.290e-02 | −7.15 | 6.36e-12 *** |
Residual standard error: 0.0131 | Multiple R-squared: 0.6871 | |||
Adjusted R-squared: 0.662 | F-statistic: 27.36 | p-value: <2.2e-16 | ||
Source: Author’s computation using R (dLagM) package | ||||
*** represent 1%, **5% and *10% level of significance respectively |