From: Assessing the effects of trade openness on sustainable development: evidence from India
 |  | Model 1 ARDL | Model 2 OLS | ||
---|---|---|---|---|---|
Variables | Coeff. | p-value | Coeff. | p-value | |
Long run results | LnGINI | −1.63 (.60) | 0.031 | −2.00 (0.72) | 0.011 |
LnLPI | 0.38 (.155) | 0.365 | 0.302 (0.42) | 0.481 | |
LnTO | .161 (.114) | 0.07 | .133 (0.04) | 0.005 | |
Cons. | – | – | 0.05 (0.01) | 0.004 | |
Short run results | Cons | 24.18 (6.32) | 0.001 | – | – |
LnGINI | −.62 (1.71) | 0.722 | – | – | |
LnLPI | −.37 (1.01) | 0.720 | – | – | |
LnTO | .027 (0.11) | 0.019 | – | – | |
Coint. | −1.24 (0.32) | 0.001 | – | – | |
No of obs. R-square Adjusted R-square Root MSE Log likelihood Durbin-Watson test | 26 0.339 0.145 0.010 92.80 2.11 | R-squared Adjusted R-squared S.E. of regression Log likelihood F-statistic Durbin-Watson stat Prob. (F-statistic) Wald F-statistic Prob.(Wald F-statistic) | 0.199920 0.085623 0.056158 38.69570 1.749128 2.588713 0.187740 3.991272 0.001415 |