Table 9.
ARDL levels equation result.
Variable | Coefficient | Standard error | T-statistic | P-value |
---|---|---|---|---|
DEPC1 | −0.018453 | 0.008497 | −2.171568 | 0.0415 |
EPH | −0.013690 | 0.002744 | −4.988930 | 0.0001 |
DEPNG | 0.026896 | 0.015113 | 1.779685 | 0.0896 |
Source: Researcher's computation 2022.