RDP 9002: Public Sector Growth and the Current Account in Australia: A Longer Run Perspective
Equation (B2)
p
e
t=
−
0.639
(
0.291
)
+
0.143
W
t
(
0.048
)
+
0.154
W
t
−
1
(
0.050
)
+
0.00002
Y
t
(
0.000008
)
+
0.217
p
t
−
2
(
0.088
)
+
0.221
p
t
−
3
(
0.084
)
+
0.221
p
t
−
3
(
0.084
)
R
¯
2
=
0.59
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