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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