Table 2.
Estimated UECM of Iranian Pharmaceutical Export supply Function with dummy variable (D).
| Variables | Coefficients | Standard Deviation | t statistic | Probability |
|---|---|---|---|---|
| Fixed | -17.71 | 4.05 | -4.37 | 0.0001 |
| DLREEXPt(-4) | 0.335 | 0.244 | 1.37 | 0.178 |
| LEXPTt(-8) | -0.136 | 0.029 | -4.68 | 0 |
| LREEXPt(-7) | 0.138 | 0.071 | 1.93 | 0.061 |
| TIME | 0.00002 | 0.000005 | 4.42 | 0.0001 |
| D | 0.0032 | 0.006 | 0.54 | 0.59 |
| R2 | 0.7884 | |||
| Adjusted R2 | 0.7014 | |||
| F statistic | 10.67 | |||
| Durbin-Watson statistic | 2.316 | |||
| Schwartz statistic | -5.57 | |||
| Akaike statistic | -5.82 | |||
| Long run price elasticity | 1.01 | |||