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Table 4 PMG long-run estimates from Panel ARDL model

From: The relationship between tourism and economic growth among BRICS countries: a panel cointegration analysis

Dependent variable: economic growth
Regressor Coefficient Stand Error t-value
constant 0.095 0.120 0.791
LnTR 0.311a 0.036 8.638
LnFD 0.226a 0.047 4.808
  1. Source: Authors calculations
  2. aRepresents rejection at 1% level of significance