Research Article

Consumption of Electricity and Industrial Growth in the Case of Ghana

Table 5

Short-run estimates.

Dependent variable is   : ARDL(1,1,0,0,1)
CoefficientStandard ErrorT-RatioProbability

-0.51800.0855-6.05530.000
-0.11910.0769-1.54980.130
0.16480.06632.48770.018
-0.88720. 1153-7.69840.000
0.12630.08661.45790.154
16.08581.94308.27900.000

R-Sq. = 0.8214F-stat. F(5, 36) 31.27750.000
Adj. R-Sq. = 0.7847DW-statistic = 1.9914