Table 6.
Ghana supply response regression with T-GARCH conditional variance.
| Variables | Coefficients | Standard error | t-statistic | Prob |
|---|---|---|---|---|
| C | −229.3345 | 144.6377 | −1.585578 | 0.1205 |
| Garch | 8.723480 | 9.121039 | 0.956413 | 0.3445 |
| G_exchange_rate | 0.201918*** | 0.039784 | 5.075425 | 0.0000 |
| G-pesticide(-1) | −0.069696*** | 0.026696 | −2.610706 | 0.0126 |
| G_rainfall | 68.51346 | 41.18971 | 1.663363 | 0.1039 |
| G_rainfall^2 | −4.876472 | 2.933209 | −1.662504 | 0.1040 |
| Producer_price(-1) | 0.178352 | 0.112705 | 1.582470 | 0.1212 |
***, ** & * represents significance at the 1 %, 5 % and 10 % level of probability respectively.
Source: Author's computation, 2023