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- Thu Aug 09, 2012 9:12 pm
- Forum: Econometric Discussions
- Topic: How can i analyze the result of VECM model
- Replies: 0
- Views: 2406
How can i analyze the result of VECM model
My topic is about the impact of exchange rate volatility, exchange rate, gap on the export. Therefore, my model is lnt=lnRER+lnGDP+lnv Following is the result of VECM model. But i am not sure how to analyze/interpret the error correction term and the lag term. Q1:How can i interpret the error correc...