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2019 Variable GHSMYR constant -0.007 (0.002) [-3.035] St-1 0.937*** (0.021) [44.165] Multiple R-Squared 0.883 Adjusted R-Squared 0.883 F-Statistic 1950.513*** Notes: Figures in () are standard

2019
Variable GHSMYR
constant

-0.007

(0.002)

[-3.035]
St-1

0.937***

(0.021)

[44.165]
Multiple R-Squared 0.883
Adjusted R-Squared 0.883
F-Statistic 1950.513***

Notes: Figures in () are standard errors. Figures in [] are statistics. *** and *** denote 1% and 5% significant levels respectively.

Regression equation for GHSMYR

St= -0.007 + 0.937 St-1

Explain the result ?

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