Measuring the Impact of Economic Modernization on Energy Efficiency in Malaysia
Table 3: Long run and short run ımpact on energy efficency
| Variables | Level EquationCase 2: Restricted Constant and No Trend | ||
| Coefficient | t-Statistic | Prob. | |
| Long -Run | |||
| lnG | 0.37 | 2.25 | 0.03 |
| lnIN | -0.26 | -3.94 | 0.00 |
| lnUR | -0.81 | -2.23 | 0.03 |
| C | -3.00 | -12.47 | 0.00 |
| Short-run | |||
| ∆lnG | 0.51 | 4.42 | 0.00 |
| ECT(-1) | -0.58 | -5.02 | 0.00 |
| ECT = lnEE- (0.37*lnG -0.26*lnIN -0.812*lnUR – 3.00) | |||