Skip to main content

Table 6 The results of short-run coefficients (from the ECM)

From: Effects of globalization, energy consumption and ICT on health status in Australia: the role of financial development and education

Variables

Coefficients

Std. Error

t-Statistic

Probability

C

3.203c

0.391

8.195

0.000

D(LNGLOB)

-0.058b

0.026

-2.235

0.041

D(LNRE)

0.003a

0.002

1.946

0.071

D(LNEDU)

-0.002

0.014

-0.170

0.868

D(LNFD)

0.007c

0.001

6.735

0.000

CointEq(-1)a

-0.978c

0.119

-8.189

0.000

R-squared: 0.824

Adjusted R-squared: 0.784

F-statistic: 20.546c

Durbin-Watson statistic: 2.150

  1. (a, b and c represent the level of statistical significance at 10%, 5% and 1%, respectively)