Interpret the relationship of lprod to lprice in short run and long run
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Interpret the relationship of lprod to lprice in short run and long run
![D.lprod
Coef.
Std. Err.
t
p>|t|
[95% Conf. Interval]
ADJ
lprod
L1.
-1.026363
.1773207
-5.79
0.010
-1.590676
-.4620495
LR
lprice
-.4590518
.0901793
-5.09
0.015
-.7460424
-.1720611
--.
SR
lprice
Di.
.5652255
.0729919
7.74
0.004
.3329327
.7975182
LD.
.6474362
.1043657
6.20
0.008
.3152978
.9795745
L2D.
.5861788
.0911761
6.43
0.008
.2960158
8763418
L3D.
.3358008
.0766534
4.38
0.022
.0918554
.5797461
L4D.
.1757376
.0501432
3.50
0.039
.0161596
3353157
_cons
14.11954
2.368292
5.96
0.009
6.582574
21.6565](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe463b823-c0ee-435f-931f-1bb923a6755a%2F2a968553-1bcc-4301-be75-dd6c7ccff40a%2Fsla2pp_processed.png&w=3840&q=75)
Transcribed Image Text:D.lprod
Coef.
Std. Err.
t
p>|t|
[95% Conf. Interval]
ADJ
lprod
L1.
-1.026363
.1773207
-5.79
0.010
-1.590676
-.4620495
LR
lprice
-.4590518
.0901793
-5.09
0.015
-.7460424
-.1720611
--.
SR
lprice
Di.
.5652255
.0729919
7.74
0.004
.3329327
.7975182
LD.
.6474362
.1043657
6.20
0.008
.3152978
.9795745
L2D.
.5861788
.0911761
6.43
0.008
.2960158
8763418
L3D.
.3358008
.0766534
4.38
0.022
.0918554
.5797461
L4D.
.1757376
.0501432
3.50
0.039
.0161596
3353157
_cons
14.11954
2.368292
5.96
0.009
6.582574
21.6565
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