Apologies for the poor quality of the photo it was uploaded quickly. I am currently looking to run a VECM in sata and have come across the cointegrating equation in the photo. It is my understanding that I have to reverse the sign of the coefficents in the cointegrating equation due to the Normalisation process. Is this correct? The current coefficients to do not match my expectations and so I believe they have to be reversed for interpretation.
Secondly the p value for Unemployment within the cointegrating equation is 0.08. Does this mean that I cannot state that Unemployment has an statitically significant affcect on Vehicle theft in the log run? Regards Thomas
Secondly the p value for Unemployment within the cointegrating equation is 0.08. Does this mean that I cannot state that Unemployment has an statitically significant affcect on Vehicle theft in the log run? Regards Thomas
