Financial Innovation

Table 1 ARDL results

From: Did weekly economic index and volatility index impact US food sales during the first year of the pandemic?

Variable	Dependent variable *LnZ*₁
	Long Run		Short Run
	Coeff	t-value	Coeff	t-value
ECT			− 1.03***	− 7.19
LnVIX	0.12***	4.76
LnWEI	− 0.002	− 0.51
Constant	22.98***	6.38
∆LnZ_1t−1			0.33***	2.90
R²	0.46		0.50
F Stat	12.18***
Cointegration	Yes

Notes: *** indicate significant at 1% level of significance

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