Research Article
Investigating the Effect of Oil Revenue Shocks on Business Cycles and the Synchronism of Cycles with Selected OECD Countries
Table 6
Long-term estimation results: ARDL (1, 0, 0, 0, 1).
| Variables | Coefficients | t-statistic | Prob |
| LG | −0.4309 | −2.5410 | 0.018 | LRE | 0.0403 | 2.3068 | 0.030 | SHOCKP | −106.1351 | −2.2700 | 0.033 | SHOCKT | −67.8037 | −2.1399 | 0.043 | C | 1.3402 | 2.4270 | 0.023 |
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