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Table 9 Illinois vector error-correction model

From: The impact of the coronavirus on African American unemployment: lessons from history

 

African American Unemployment ΔUER_AAt

Whites Unemployment

ΔUER_Wt

Latin

Unemployment

ΔUER_Lt

GDP

ΔGDP_Lt

ce1t-1

− 1.12**

(.521)

.029

(.270)

− .675

(.433)

− 3989

(2941)

ce2t-1

3.20**

(1.41)

− .000

(.000)

− .000**

(.000)

− .093

(.079)

ΔUER_AAt-1

.117

(.337)

.027

(.175)

.471

(.280)

228

(1903)

ΔUER_AAt-2

− .04

(.252)

.126

(.131)

.398

(.209)

− 363

(1420)

ΔUER_Wt-1

− 2.34

(1.255)

− .320

(.650)

− 1.60

(1.042)

− 2913

(7083)

ΔUER_Wt-2

− .453

(1.11)

− .066

(.577)

− .953

(.924)

− 5102

(6280)

ΔUER_Lt-1

1.085**

(.430)

.371

(.223)

.545

(.357)

649

(2428)

ΔUER_Lt-2

.173

(.359)

0.050

(.186)

.160

(.298)

649

(2428)

ΔGDP_Lt-1

− .000

(.000)

− .000

(.000)

− .000

(.000)

.407

(.286)

ΔGDP_Lt-2

− .000

.000

.000

(0.000)

.000

(.000)

− .068

(.297)

Constant

− .954

(.959)

.502

(.497)

.453

(.796)

.002

(5413)

Normality Test

Jarque–Bera

\({X}^{2}\)

(p-value)

.719

(.697)

.960

(.619)

1.280

(.527)

1.617

(.446)

Autocorrelation

\({X}^{2}\)

(p-value)

Lag(1) 9.3375

(.899)

Lag(2) 13.576

(.630)

  1. N = 36; Standard error in parentheses; **5% sig level; ***1% sig level