Table 8 Long-run equilibrium in the domestic food market
Variable names | Coefficient | Standard Error | Z value |
|---|---|---|---|
LFCROP | 1 | ||
LGDP | 1.89*** | 0.19 | -9.58 |
LAGRIC | - 0.49* | 0.26 | 1.86 |
Constant | 36.66 | ||
Error correction | -0.21 | 0.05 | -3.99 |
LM test for autocorrelation at lag 4 | 3.97 (0.91) | ||
Jacque-Bera | 543.77 (0.00) |