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Table 6 Results of the ECM model

From: Agricultural sector foreign direct investment and economic growth in Ghana

Variables Coefficients Standard error t values
∆lnGDP t − 1 0.16272 0.09961 1.634
∆lnFDIA 0.014*** 0.0017 8.235
∆lnK − 2.102 1.9845 − 1.059
∆lnGE − 0.678** 0.282 − 2.404
∆lnTOP 0.579* 0.293 1.946
ECM − 0.6654*** 0.1245 − 5.345
Constant 20.132 30.452 0.661
R 2 0.789   
F-cal 148.7***   
DW 1.985   
Normality test 42.398***   
RESET test 0.0751 (0.7821)   
  1. The value in bracket represents t values. The asterisks *, ** and *** represents 10, 5, and 1% significance level respectively