Table 9 VECM constrained to one cointegrating equation.
Beta | Coef | Std. Err | Z | p > z | [95% Conf | Interval] |
|---|---|---|---|---|---|---|
Johansen normalization restrictions imposed | ||||||
_ce1 | Â | Â | Â | Â | Â | Â |
LnGDP | 1 | – | – | – | – | –  |
LnImp | − .4970651 | .2361458 | − 2.10 | 0.035 | − .9599023 | − .0342278 |
LnExp | − .0744735 | .3793735 | − 0.20 | 0.844 | − .8180318 | .6690848 |
LnExc | − 1.276706 | .1505305 | − 8.48 | 0.000 | − 1.57174 | − .9816717 |
_cons | 5.48324 | – | – | – | – | – |