Skip to main content

Table 4 Long-run relations

From: Oil and food prices in Malaysia: a nonlinear ARDL analysis

 

Oil price specification

 

Oil price in Ringgit

Oil price in USD

Variable

Coefficient

p-vale

Coefficient

p-value

Constant

−1.8607

0.0135

−2.2707

0.0075

y

0.4810

0.0000

0.5171

0.0000

op +

0.0819

0.0021

0.0605

0.0141

op

0.0524

0.2053

0.0425

0.2918