The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 11 Error Correction Model (ECM) results
From: The impact of stock market manipulation on Nigeria’s economic performance
Variable | Coefficient | Std. error | t-statistic | Prob |
|---|---|---|---|---|
C | 0.019139 | 0.010418 | 1.837133 | 0.0719 |
D(LGCAPR) | 0.186779 | 0.082024 | 2.277126 | 0.0269 |
D(LGVTR) | − 10.034037 | 0.035213 | − 10.966595 | 0.3382 |
D(LGASI) | − 10.081220 | 0.078642 | − 11.032773 | 0.3065 |
D(DLGTOR) | 0.028673 | 0.068030 | 0.421482 | 0.6751 |
D(LGDRR) | 0.005848 | 0.252750 | 0.023136 | 0.9816 |
U(− 1) | − 10.196727 | 0.088134 | − 12.232133 | 0.0299 |
R-squared | 0.156335 | Mean dependent var | 0.025481 | |
Adjusted R-squared | 0.058989 | S.D. dependent var | 0.078253 | |
S.E of regression | 0.075910 | Akaike Info Criterion | − 2.207551 | |
Sum squared resid | 0.299639 | Schwarz criterion | − 1.961063 | |
Log likelihood | 72.12274 | Hannan–Quinn criterion | − 2.111332 | |
F-Statistic | 1.605973 | Durbin–Watson | 2.307061 | |
Prob (F-Statistic) | 0.164189 |