Skip to main content

Table 3 Estimated results.

From: Do capital inflows affect domestic bank credit? Empirical evidence from India

Long-run estimation

Short-run estimation

Variables

Coefficients

Variables

Coefficients

LnFDI

0.680***

(0.120)

D(LnBcredit)-(1)

− 0.230**

(0.089)

LnFPI

0.088

(0.210)

D(LnFDI)

0.008

(0.005)

LnLoan

1.822**

(0.798)

D(LnFPI)

0.001

(0.003)

LnREER

− 2.678**

(0.109)

D(LnLoan)

0.029***

(0.007)

LnCAB

0.217

(0.274)

D(LnREER)

− 0.094**

(0.045)

Constant

− 0.478

(10.382)

D(LnCAB)

0.009**

(0.004)

  

ECT (-1)

− 0.015***

(0.001)

  1. ***, ** and * indicate data series are stationary at 1%, 5% and 10% significance level, respectively, and standard errors are in parenthesis