Table 6.
Short-run impact of climate variables on maize production.
| Variable | Coefficient | Std. Error | t-Statistic | Prob. | Sig. level |
|---|---|---|---|---|---|
| AVEGTP | −3.237 | 0.842 | −3.843 | 0.001 | *** |
| CO2 | 0.757 | 0.242 | 3.117 | 0.005 | ** |
| PRPT | −0.141 | 0.072 | −1.960 | 0.062 | * |
| TWL | −16.795 | 5.187 | −3.238 | 0.004 | *** |
| CointEq(-1) | −0.255 | 0.068 | −3.764 | 0.001 | *** |
Cointeq = MZP - (−12.6913*AVEGTP + 2.9692*CO2+0.5519*PRPT -0.8538*TWL + 23.1550).
(*) Significant at 10 %; (**) Significant at 5 %; (***) Significant at 1 % and (no) Not Significant.