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Table 3 Long-run relationship: ARDL estimates

From: Impact of petroleum and non-petroleum indices on financial development in Oman

Ind. Variables

Coefficient

Std. Error

t-Statistic

Prob.

AGR.

−4.85

10.27

−3.98

0.00

INDUST.

−3.19

1.19

−2.67

0.02

OIR.

4.25

1.87

2.27

0.04

SERVE.

1.38

0.59

2.34

0.04

C

101.59

43.22

2.35

0.04

  1. Source: author’s work based on the Outcome of E-views version.10