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
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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
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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