Dependent Variable: LCICE Method: Least Squares Date: 03/20/25 Time: 14:52 Sample: 1957 1994 Included observations: 38 Variable Coefficient Std. Error t-Statistic Prob. C -0.379838 0.046986 -8.084021 0.0000 LGICE 0.924388 0.096525 9.576677 0.0000 RRICE 0.026167 0.040676 0.643299 0.5245 UICE -2.087488 0.544481 -3.833907 0.0005 LCICE(-1) 0.155746 0.089086 1.748256 0.0897 R-squared 0.993962 Mean dependent var -0.547710 Adjusted R-squared 0.993230 S.D. dependent var 0.378806 S.E. of regression 0.031167 Akaike info criterion -3.976803 Sum squared resid 0.032057 Schwarz criterion -3.761331 Log likelihood 80.55926 Hannan-Quinn criter. -3.900140 F-statistic 1358.131 Durbin-Watson stat 1.038053 Prob(F-statistic) 0.000000 Breusch-Godfrey Serial Correlation LM Test: Null hypothesis: No serial correlation at up to 1 lag F-statistic 16.84883 Prob. F(1,32) 0.0003 Obs*R-squared 13.10687 Prob. Chi-Square(1) 0.0003 Test Equation: Dependent Variable: RESID Method: Least Squares Date: 03/20/25 Time: 14:55 Sample: 1957 1994 Included observations: 38 Presample missing value lagged residuals set to zero. Variable Coefficient Std. Error t-Statistic Prob. C -0.078180 0.043060 -1.815597 0.0788 LGICE 0.174594 0.090019 1.939525 0.0613 RRICE 0.051614 0.035719