Table 5 Long and short-run
From: The impact of maritime transport financing on total trade in South Africa
Variable | Coefficient | Std error | t-statistic | Prob |
|---|---|---|---|---|
Long run | Â | Â | Â | Â |
C | − 754.09*** | 248.91 | − 3.02 | 0.00 |
LOG(MTF) | 44.30*** | 11.48 | 3.85 | 0.00 |
BUS_FREEDOM | 0.47 | 0.30 | 1.54 | 0.14 |
LGOV_INTEGRITY | − 4.41 | 22.15 | − 0.19 | 0.84 |
LENDING_RATE | − 0.48 | 0.85 | − 0.56 | 0.58 |
F_CRISIS | − 28.06*** | 8.99 | − 3.12 | 0.00 |
OP | 7.11 | 4.77 | 1.49 | 0.15 |
Short run | Â | Â | Â | Â |
DLOG(MTF) | 16.22* | 9.71 | 1.79 | 0.09 |
D(BUS_FREEDOM) | 0.29* | 0.16 | 1.71 | 0.10 |
D(LGOV_INTEGRITY) | − 2.67 | 13.55 | − 0.19 | 0.84 |
D(LENDING_RATE) | 1.37*** | 0.47 | 2.89 | 0.01 |
D(F_CRISIS) | − 16.97*** | 4.87 | − 3.48 | 0.00 |
D(OP) | 4.30 | 2.99 | 1.43 | 0.17 |
CointEq(-1) | − 0.60*** | 0.15 | − 3.95 | 0.00 |