Variables

Coefficient

t-statistic

Prob.

Ln P

−0.1618

−3.2406

0.0029

Ln GDP

0.4636

3.1758

0.0034

Constant

−5.7784

−3.2878

0.0026

AR(1)

0.7855

8.2553

0.0000

Jarque Bera statistic

0.8680

Durbin Watson statistic

2.0205

Breusch Godfrey serial correlation LM test (F statistic), including two lags^a

0.1352

Breusch-Pagan-Godfrey heterroskedasticity test (F statistic)

2.5071

Unit root test statistic of the residual (ADF)

−5.6940

R squared

0.9292

Adjusted R squared

0.9221

F statistic

131.3557

Ln P

−0.1618