Table A.2.
Estimated coefficients in Table A.1
| Wines and stamps | |||
|---|---|---|---|
| i) Wines | |||
| Series | d (95% conf. intv.) | Intercept (t-value) | Trend (t-value) |
| Liv-ex Bordeaux 500 Index | 1.49 (1.39, 1.63) | 93.056 (22.70) | --- |
| Liv-ex Fine Wine 100 Index | 1.52 (1.42, 1.63) | 100.495 (37.36) | --- |
| Liv-ex Fine Wine Investables Index | 1.52 (1.43, 1.63) | 20.509 (6.52) | --- |
| ii) Stamps | |||
| STANLEY GIBBONS GROUP | 1.18 (1.14, 1.21) | 111.988 (64.53) | ---- |
The values in parenthesis in column 2 are the 95% confidence intervals, while those in columns 3 and 4 are the t-statistics for the coefficients on the constant and the time trend respectively.