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Table 6 Estimated long-run coefficients using the ARDL approach for community development model (Model 1)

From: The impact of location tax incentives on the growth of rural economy: evidence from Ghana

Variables

Coefficient

Standard Error

T-statistic

P Value

C

0.010130

0.092923

0.109013

0.9163

INC

0.502997

0.347191

1.446763

0.0503**

TOP

−0.280889

0.818087

−2.565489

0.0375**

MS

2.098792

1.082450

2.36067

0.0373**

  1. Source Computed using Microfit 5.1
  2. *, **, and *** show 10, 5 and 1% levels of significance respectively