A Systems View Across Time and Space
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) |