Skip to main content
. 2019 Autumn;18(4):2226–2232. doi: 10.22037/ijpr.2019.1100841

Table 3.

Estimated UECM of Iranian Pharmaceutical Export supply Function without dummy variable (D).

Variables Coefficients Standard Deviation t statistic Probability
Fixed -17.71 4.94 -3.58 0.001
DLREEXPt(-4) 0.349 0.157 2.21 0.033
LEXPTt(-8) -0.135 0.029 -4.53 0.0001
LREEXPt(-7) 0.148 0.044 3.37 0.001
TIME 0.00002 0.000006 3.54 0.001
R2 0.7857
Adjusted R2 0.7178
F statistic 11.24
Durbin-Watson statistic 2.019
Schwartz statistic -5.66
Akaike statistic -5.87
Long run price elasticity 1.01