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 |