Table 11 Long-run equilibrium in the external food market
| Variable names | Coefficient | Standard Error | Z value |
|---|---|---|---|
| LAGO | 1 | ||
| LCRUDE | 0.472*** | 0.028 | -16.91 |
| LXRATE | 0.731*** | 0.122 | -5.98 |
| Constant | -0.151 | ||
| Error correction | -0.250*** | 0.043 | -5.82 |
| LM test for autocorrelation at lag 2 | 10.442 (0.316) | ||
| Jacque-Bera | 58.578 (0.000) |