Table 5 ARDL bound test
Test statistic | Value | Lower critical bound1% I(0) | Upper critical bound1% I(1) | Lower critical bound5% I(0) | Upper critical bound5% I(1) | Cointegration |
|---|---|---|---|---|---|---|
F-statistic | 10.54194 | 3.74 | 5.06 | 2.86 | 4.01 | yes |
Test statistic | Value | Lower critical bound1% I(0) | Upper critical bound1% I(1) | Lower critical bound5% I(0) | Upper critical bound5% I(1) | Cointegration |
|---|---|---|---|---|---|---|
F-statistic | 10.54194 | 3.74 | 5.06 | 2.86 | 4.01 | yes |