Skip to main content

Table 5 Results of the VECM estimation with dummy variables

From: Rubber world price transmission to Ivorian producer prices: an analysis in the presence of structural breaks

 

Estimate

t value

p value

α

−0.194 (0.076)

−2.585

0.010 **

ω 1

0.742 (0.098)

7.654

0.000 ***

ω 2

0.03 (0.061)

0.534

0.594

δ 1

0.002 (0.067)

0.028

0.978

δ 2

0.004 (0.096)

0.036

0.971

  1. “**” and “***” denote rejection of the null hypothesis respectively at 5% and 1% significance level. Standard errors are in parenthesis