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

Table 8 Summary of the error correction model results (short run)

From: Uganda’s experience with debt and economic growth: an empirical analysis of the effect of public debt on economic growth—1980–2016

Variable

Coefficient

Std. Error

t-statistic

Prob.

D(GDP(-1)

0.413285***

0.07923

5.216101

0.0002

D(DEBT_X(-1)

− 0.075324**

0.02865

− 2.62881

0.022

D(DEBT_G(-1)

− 0.010767**

0.00565

− 1.90578

0.0809

D(HC(-1)

0.419126**

0.14634

2.863999

0.0142

D(INF)

− 0.081963***

0.01103

− 7.42966

0

D(POPN)

− 36.92111***

6.49881

− 5.68121

0.0001

D(RIR)

− 0.071603**

0.02707

− 2.64543

0.0214

D(TO(-1))

− 0.257874***

0.06539

− 3.94364

0.002

ECT(-1)*

− 1.753081

0.11307

− 15.5044

0