Haryadi - In: Mokslo darbai / Vilniaus Universitetas 103 (2024) 1, pp. 56-77
(ECM). The macroeconomic conditions and variables used in this study are gross domestic product (GDP), inflation, interest … rates, and exchange rates. This study employed the time-series data from 2000-2019. The ECM method was conducted in the … following stages: stationarity test, cointegration test, and ECM regression test. The ECM model is declared valid, if the …