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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 6 Vector error correction models

From: Government expenditure on human capital and growth in Namibia: a time series analysis

Vector error correction model: healthcare expenditure 
 ECT_1− 0.3587− 0.53366− 0.35205  
 Healthcare expend.[− 3.2460][− 4.3981][− 2.3215]  
 VariableFertility rate per birthInfant mortality rateUnder 5 mortality rate  
 ECT_1− 2.45,2295.141,797− 7.06507  
 [− 2.1999][1.56118][− 2.11050]  
Vector error correction model: education expenditure
 ECT_1− 0.25870− 0.65832− 0.89956− 0.13930− 050442
 Education expend.[− 3.04091][− 4.15499][− 3.76424][− 4.09966][− 2.63540]
 VariableLiteracy rate (adult)Literacy rate (elderly)Literacy rate (youth)Primary net enrolment rateTertiary gross enrolment rate
 ECT_1− 1.27301− 0.39567− 4.584430.17322− 0.33121
 [− 2.01647][− 0.72101][− 1.58182][0.54551][− 1.60418]
Vector error correction model: per capita GDP
 ECT_1− 0.053170− 0.05306   
 Per capita GDP[− 3.52063][− 3.53603]   
 VariableHealthcare expenditureEducation expenditure   
 ECT_1− 0.019530.15589   
 [− 0.28580][0.25424]   
  1. t-statistics are in the parentheses