The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 7 LSTR estimation
From: Smooth transition regression model relating inflation to economic growth in Tunisia
Variables | Regime 1: INFLATION ≤ 3.63% | Regime 2: INFLATION > 3.63% | ||
|---|---|---|---|---|
Coefficient | t-Statistic | Coefficient | t-Statistic | |
Constant | − 9.717 | − 1.674 | 7.179 | 1.161 |
Growth_ACT | 0.116 | 2.438** | 0.871 | 2.495** |
Growth_INV | 0.156 | 2.193** | 0.213 | 2.191** |
Growth_INF | 0.405 | 1.894* | − 0.365 | − 2.691*** |
Growth_Credit | 0.932 | 1.949* | 0.197 | 2.343** |
Growth_Trade | 0.015 | 2.056** | 0.030 | 3.103*** |
R2 | 0.647 | |||
Estimated residual standard deviation | 4.668 | |||