Skip to main content

Table 3 Long-run coefficient of ARDL (2, 3, 4, 3)

From: Uncovered interest rate parity phenomenon and determinants of domestic interest rates: an analysis of Pakistan and China economies

Variables

Coefficients

Std. errors

t-statistics

Probability

ER

0.0657

0.0212

3.1055

0.0061

CPI

0.6531

0.0819

7.9701

0.021

LNY

− 3.2154

1.0421

− 3.0855

0.0064

C

8.0246

24.9817

3.2033

0.0049