Table 7.
Estimates of dynamic simulated ARDL model.
| Parm | Estimate | SE | P-value | Min 95 | Max 95 |
|---|---|---|---|---|---|
| lnGDPt-1 | −0.343 | 0.101 | 0.002*** | −0.548 | −0.137 |
| lnNUKEt-1 | −0.012 | 0.005 | 0.010*** | −0.022 | −0.003 |
| ΔlnGFCF | 0.247 | 0.045 | 0.000*** | 0.157 | 0.338 |
| ΔlnLABOR | 0.337 | 0.110 | 0.004*** | 0.116 | 0.559 |
| ΔlnEXPORT | 0.139 | 0.027 | 0.000*** | 0.085 | 0.193 |
| lnGFCFt-2 | 0.100 | 0.027 | 0.001*** | 0.046 | 0.154 |
| lnLABORt-1 | 0.091 | 0.026 | 0.001*** | 0.037 | 0.144 |
| lnEXPORTt-1 | 0.084 | 0.032 | 0.013** | 0.018 | 0.149 |
| Prob > F | 0.000*** | R2 | 0.906 | Root MSE | 0.009 |
Notes: Where SE is the standard error; ***, ** denote statistical significance at 1, 5% level. Legend: GFCF represents Gross Fixed Capital Formation, LABOR represents labor, EXPORTS denotes exportation of goods and services from Switzerland, and NUKE means consumption of nuclear energy.