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Table 7 Results from the vector error correction model (VECM)

From: Determinants of private sector credit in Uganda: the role of mobile money

 

D (LMMB)

D (LPSC)

D (LCPI)

D (LEXR)

D (LR)

Constant

0.157 (2.612)

0.016 (3.747)

-0.002 (-0.727)

-0.526 (-2.459)

0.005 (0.797)

ECT (-1)

-0.0141 (-4.817)

-0.005 (-2.271)

-0.021 (-2.227)

0.002 (0.627)

-0.089 (0.871)

R-squared

0.65

0.59

0.50

0.37

0.33

Adj. R-squared

0.52

0.45

0.44

0.15

0.13

  1. Notes: t-values are in parentheses
  2. Source: Authors’ computations