Vector Error Correction Estimates  
Date: 04/18/10   Time: 08:14  
Sample (adjusted): 1993 2007  
Included observations: 15 after adjustments  
Standard errors in ( ) & t-statistics in [ ]  
  
Cointegrating Eq:  CointEq1
  
LINV(-1)  1.000000
  
LGDP(-1) -1.532417
  (0.04738)
[-32.3398]
  
C -3.365042
  
Error Correction: D(LINV) D(LGDP)
  
CointEq1 -1.034702 -0.209201
  (0.23262)  (0.12584)
[-4.44805] [-1.66244]
  
D(LINV(-1))  0.593052  0.348294
  (0.17875)  (0.09670)
[ 3.31781] [ 3.60192]
  
D(LINV(-2)) -0.156493  0.125124
  (0.32563)  (0.17615)
[-0.48059] [ 0.71032]
  
D(LGDP(-1))  0.250097  0.005184
  (0.66891)  (0.36186)
[ 0.37389] [ 0.01433]
  
D(LGDP(-2)) -0.271464 -0.549186
  (0.46525)  (0.25168)
[-0.58348] [-2.18205]
  
C  0.141790  0.100712
  (0.05061)  (0.02738)
[ 2.80155] [ 3.67847]
  
R-squared  0.910868  0.855361
Adj. R-squared  0.861350  0.775005
Sum sq. resids  0.058560  0.017137
S.E. equation  0.080664  0.043637
F-statistic  18.39480  10.64475
Log likelihood  20.30906  29.52502
Akaike AIC -1.907874 -3.136669
Schwarz SC -1.624654 -2.853449
Mean dependent  0.249821  0.143823
S.D. dependent  0.216631  0.091995
  
Determinant resid covariance (dof adj.)   9.50E-06
Determinant resid covariance   3.42E-06
Log likelihood   51.82614
Akaike information criterion  -5.043485
Schwarz criterion  -4.382638