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RDP 9002: Public Sector Growth and the Current Account in Australia: A Longer Run Perspective
Equation (B1)
p
e
t=
−
0
.161
(
0.396
)
+
0
.206W
t
−
1
(
0.070
)
+
0.00002
Y
t
−
2
(
0.00001
)
+
0.197
p
t
−
2
(
0.092
)
+
0
.171p
t
−
3
(
0.089
)
R
¯
2
=
0.32
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