Dependent Variable: DPC

Method: Least Squares

Date: 04/14/06 Time: 09:33

Sample (adjusted): 1962 2005

Included observations: 41 after adjustments

Variable

Coefficient

Std. Error

t-Statistic

Prob.

DPAGDP

0.011702

0.001803

6.491821

0.0000

ECM_PC(-1)

-0.010550

0.061315

-0.172056

0.8643

R-squared

0.455523

Mean dependent var

0.025351

Adjusted R-squared

0.441562

S.D. dependent var

0.066458

S.E. of regression

0.049663

Akaike info criterion

-3.119555

Sum squared resid

0.096191

Schwarz criterion

-3.035966

Log likelihood

65.95088

Durbin-Watson stat

1.670111