Table 3 ARDL bounds co-integration test result.
From: Response of economic growth to the dynamics of service sector in Nigeria
Models | F-statistics | Significance level (%) | Critical values I(0) | Critical values I(1) |
|---|---|---|---|---|
\(lgdp = (ledu, lhlt, ltrc,\) \(lgfcf,llfpr)\) | 14.833 | 10 | 1.81 | 2.93 |
| Â | 5 | 2.14 | 3.34 | |
| Â | 2.5 | 2.44 | 3.71 | |
| Â | 1 | 2.82 | 4.21 | |
\(lgdp = (ledu,lhlt,ltrc,lgfcf,\) \(llfpr,cc,ge)\) | 17.271 | 10 | 1.7 | 2.83 |
| Â | 5 | 1.97 | 3.18 | |
| Â | 2.5 | 2.22 | 3.49 | |
| Â | 1 | 2.54 | 3.91 | |
\(lgdp = (ledu*cc,ledu*ge,\) \(lhlt*cc, lhlt*ge,\) \(ltrc*cc, ltrc*ge,\) \(lgfcf,llfpr)\) | 9.207 | 10 | 1.66 | 2.79 |
| Â | 5 | 1.91 | 3.11 | |
| Â | 2.5 | 2.15 | 3.4 | |
| Â | 1 | 2.45 | 3.79 |