Table 17 Error correction model: Sector M
LR | SR | |
|---|---|---|
L.LF | −2.35 | |
(−0.72) | ||
L.v | 8.44* | |
(1.86) | ||
Crisis | 0.02* | |
(1.70) | ||
θ | −0.03 | |
(−1.58) | ||
L.dU | 0.03 | |
(0.28) | ||
L2.dU | 0.02 | |
(0.18) | ||
L3.dU | 0.26*** | |
(2.85) | ||
dv | −0.22 | |
(−1.64) | ||
L.dv | −0.34** | |
(−2.48) | ||
dLF | −1.70*** | |
(−4.24) | ||
Constant | 0.00 | |
(0.93) | ||
Observations | 87 |