Table 5. Results of estimation of short- and long-term and error correction parameters of the ARDL model for poverty in Iraq.
| Short-term parameters and error correction parameter | ||||
|---|---|---|---|---|
| Variable | Coefficient | Std. error | t-statistic | Prob |
| D(Y(-1)) | 0.4362 | 0.1001 | 4.3565 | 0.0001 |
| D(Y(-2)) | 0.0216 | 0.0976 | 0.2216 | 0.8254 |
| D(Y(-3)) | 0.0216 | 0.0974 | 0.2217 | 0.8253 |
| D(Y(-4)) | -0.3214 | 0.1031 | -3.1169 | 0.0028 |
| D(Y(-5)) | 0.1797 | 0.0994 | 1.8072 | 0.0759 |
| D(X1) | 0.1159 | 0.0461 | 2.5161 | 0.0147 |
| D(X2) | 0.0687 | 0.0350 | 1.9641 | 0.0543 |
| D(X3) | 0.9072 | 0.2195 | 4.1323 | 0.0001 |
| D(X4) | -0.0134 | 0.0079 | -1.7048 | 0.0936 |
| CointEq(-1) | -0.1687 | 0.0397 | -4.2527 | 0.0001 |
| Cointeq = Y - (0.0114X1 + 0.4072X2 + 0.5376X3-0.0794X4-0.1150) | ||||
|---|---|---|---|---|
| Long-term parameters (Long Run Coefficients) | ||||
| Variable | Coefficient | Std. error | t-statistic | Prob. |
| X1 | 0.0114 | 0.1614 | 0.0706 | 0.0044 |
| X2 | 0.4072 | 0.2224 | 1.8310 | 0.0022 |
| X3 | 0.5376 | 0.3112 | 1.7277 | 0.0094 |
| X4 | -0.0794 | 0.0440 | -1.8059 | 0.0061 |
| C | -0.1150 | 0.0488 | -2.3593 | 0.0017 |
Source: Prepared by the researchers based on the outputs of (Eviews10).