t-statistic in VEC

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obicna
Posts: 1
Joined: Fri Jun 25, 2010 2:13 pm

t-statistic in VEC

Postby obicna » Sat Jun 26, 2010 10:24 am

Hi,

I have eviews 6. I am estimating a vec model of inflation, i did the johansen test which gave me the long run equation, and then i did vec and it gave me estimations, with t-statistic in parentheses, but i don't know what numers do i compare it with?
e.g. t-statistics is -2.5 under the variable of index of nominal wages, what does that mean? thanks a lot!

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