Higher Education, Technological Innovation, and Regional Sustainable Development: Insights from a VAR Model

Table 3

VAR (1) model estimation results.

Variable	LNGDP	LNPT	LNSCA
LNGDP(-1)	–0.807436	3.244085	–0.176909
	(0.38591)	(1.44167)	(0.03714)
	[–2.09226]	[2.25023]	[–4.76358]
LNPT(-1)	0.176703	0.468156	0.017890
	(0.05951)	(0.22231)	(0.00573)
	[2.96931]	[2.10585]	[3.12394]
LNSCA(-1)	15.71055	–25.55218	2.519028
	(3.33397)	(12.4548)	(0.32084)
	[4.71226]	[–2.05160]	[7.85139]
C	–19.80357	32.15248	–1.901336
	(4.27834)	(15.9827)	(0.41172)
	[–4.62880]	[2.01171]	[–4.61805]
R^2	0.999133	0.994042	0.999149

The significance level is 5%; the values in brackets “()” are “Std. Error,” and the values in square brackets “[ ]” are “t-Statistic.”