Variables

Coefficient

t-statistic

Prob.

Ln P

−0.1776

−4.2945

0.0002

Ln GDP

0.3581

3.3025

0.0026

Ln G_t−1

0.5084

3.7460

0.0008

Constant

−4.2121

−3.1636

0.0037

AR(1)

0.2840

−0.3612

0.7284

Jarque Bera statistic

0.8288

Durbin Watson statistic

2.1732

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

1.1950

Breusch-Pagan-Godfrey heteroskedasticity test (F statistic)

1.0896

R squared

0.9438

Adjusted R squared

0.9358