The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Short-run elasticities (dependent variable: \(\Delta \ln E\)) | Long-run elasticities (dependent variable: lnE) | ||||
---|---|---|---|---|---|
Variable | Coefficient | t-statistic | Variable | Coefficient | t-statistic |
\(\Delta \ln E( - 1)\) | − 0.687392 | − 6.9698*** | lnY | 8.753100 | 7.6697*** |
\(\Delta \ln E( - 2)\) | − 0.621425 | − 4.7585*** | lnYsqr | − 0.941891 | − 7.7815*** |
\(\Delta \ln E( - 3)\) | − 0.311150 | − 2.9659*** | lnA | 0.051498 | 0.6237 |
\(\Delta \ln Y\) | − 6.049957 | − 5.0579*** | lnIm | − 0.677031 | − 5.6817*** |
\(\Delta \ln Y( - 1)\) | − 8.953035 | − 6.1948*** | lnIn | 0.077374 | 0.5736 |
\(\Delta \ln Y( - 2)\) | − 13.76479 | − 6.2506*** | lnU | 2.611322 | 3.0657** |
\(\Delta \ln Y( - 3)\) | 0.811976 | 5.6289*** | Constant | − 25.910071 | − 6.472861*** |
\(\Delta \ln Y_{sqr}\) | 0.561756 | 5.0660*** | Â | Â | Â |
\(\Delta \ln Y_{\text{sqr}} ( - 1)\) | 0.974968 | 6.6726*** | Â | Â | Â |
\(\Delta \ln Y_{\text{sqr}} ( - 2)\) | 1.363610 | 6.3428*** | Â | Â | Â |
\(\Delta \ln A\) | 0.153827 | 4.4661*** | Â | Â | Â |
\(\Delta \ln A( - 1)\) | 0.107966 | 2.8687*** | Â | Â | Â |
\(\Delta \ln A( - 2)\) | − 0.100412 | − 2.8980*** |  |  |  |
\(\Delta \ln A( - 3)\) | − 0.046412 | − 1.4740*** |  |  |  |
\(\Delta \ln \text{Im}\) | − 0.181375 | − 4.2123*** |  |  |  |
\(\Delta \ln \text{Im} ( - 1)\) | 0.344688 | 5.2845*** | Â | Â | Â |
\(\Delta \ln \text{Im} ( - 2)\) | 0.348216 | 4.0951*** | Â | Â | Â |
\(\Delta \ln \text{Im} ( - 3)\) | − 0.159004 | − 2.7799*** |  |  |  |
\(\Delta \ln \text{I} n\) | 0.573078 | 4.9035*** | Â | Â | Â |
\(\Delta \ln \text{I} n( - 1)\) | 0.081335 | 0.6898*** | Â | Â | Â |
\(\Delta \ln U\) | 16.47758 | 5.6123*** | Â | Â | Â |
\(\Delta \ln U( - 1)\) | 34.51120 | 8.3802*** | Â | Â | Â |
\(\Delta \ln U( - 2)\) | 27.37220 | 7.2972*** | Â | Â | Â |
\(\Delta \ln U( - 3)\) | 13.77833 | 4.4696*** | Â | Â | Â |
Constant | − 0.000516 | − 0.0128 |  |  |  |
\(ECT( - 1)\) | − 1.119523 | − 13.0020*** |  |  |  |