Table 8 VECM specification for the effect of Shipping trade on economic growth.
Equation | Parms | chi2 | p > chi2 |
|---|---|---|---|
_ce1 | 2 | 762.4285 | 0.0000 |
_ce2 | 2 | 59.91376 | 0.0000 |
Beta | Coef | Std. Err | Z | p > z | [95% Conf | Interval] |
|---|---|---|---|---|---|---|
Johansen normalization restrictions imposed | ||||||
_ce1 | Â | Â | Â | Â | Â | Â |
LnGDP | 1 | – | – | – | – | – |
LnImp | 0 | (omitted) | Â | Â | Â | Â |
LnExp | − .389369 | .3943516 | − 0.99 | 0.323 | − 1.162284 | .3835459 |
LnExc | − 1.278738 | .1848304 | − 6.92 | 0.000 | − 1.640999 | − .9164776 |
_cons | 2.132706 | – | – | – | – | – |
_ce2 | Â | Â | Â | Â | Â | Â |
LnGDP | 0 | (omitted) | Â | Â | Â | Â |
LnImp | 1 | Â | Â | Â | Â | Â |
LnExp | − .6335096 | .2909506 | − 2.18 | 0.029 | − 1.203762 | − .0632569 |
LnExc | − .0040889 | .1363669 | − 0.03 | 0.976 | − .2713632 | .2631854 |
_cons | − 7.09272 |  |  |  |  |  |