Hello!
I have got the following results using DFE estimator for panel ARDL. Intress and income variables are by default in percentages. Rest of the variables are logs.
How do i interpret the long and short run coefficients? Are they all as percentage changes?
I have got the following results using DFE estimator for panel ARDL. Intress and income variables are by default in percentages. Rest of the variables are logs.
Code:
Dynamic Fixed Effects Regression: Estimated Error Correction Form (Estimate results saved as DFE) ------------------------------------------------------------------------------ ------------------------------------------------------------------------------ | Coefficient Std. err. z P>|z| [95% conf. interval] -------------+---------------------------------------------------------------- __ec | intress | -8.558874 1.450959 -5.90 0.000 -11.4027 -5.715047 logincome | -.1993858 .4142678 -0.48 0.630 -1.011336 .6125641 logTHI | -3.994531 .5882577 -6.79 0.000 -5.147494 -2.841567 unemp | -1.346267 .3109265 -4.33 0.000 -1.955672 -.7368621 -------------+---------------------------------------------------------------- SR | __ec | -.0326585 .0049416 -6.61 0.000 -.0423438 -.0229732 | logHPI | D7. | .0123935 .0053893 2.30 0.021 .0018308 .0229562 D8. | -.0061253 .0028117 -2.18 0.029 -.0116361 -.0006145 | logincome | D7. | -.0173469 .009304 -1.86 0.062 -.0355825 .0008887 | logTHI | D8. | -.0133749 .0049324 -2.71 0.007 -.0230422 -.0037077 | unemp | D1. | -.1716152 .057643 -2.98 0.003 -.2845935 -.0586369 | _cons | .3646695 .0313257 11.64 0.000 .3032721 .4260668 ------------------------------------------------------------------------------