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Table 10 Residual Stationarity result

From: An empirical analysis of African trade blocs effects on the global economy: new evidence from the gravity model

 

ADF test statistic

 

PP test statistic

Variable

Level

Variable

Level

Residual

− 5.7089

Residual

− 5.3292

  1. ADF critical values are − 4.2191(1%), − 3.5331(5%), − 3.1983(10%) while critical values for PP are − 4.2268(1%), − 3.5366(5%) and − 3.2003(10%)