Table 3 Bound tests
Test statistic | Value | Signif | I(0) | I(1) |
|---|---|---|---|---|
F Statistic (Brazil-Model 1) | 6.72 | 10% 5% 1% | 2.2 2.56 3.29 | 3.09 3.49 4.37 |
F Statistic (China-Model 1) | 5.25 | |||
F Statistic (Poland-Model 1) | 6.22 | |||
F Statistic (Turkey-Model 1) | 7.97 | |||
F Statistic (Brazil-Model 2) | 7.42 | 10% 5% 1% | 2.08 2.39 3.06 | 3.00 3.38 4.15 |
F Statistic (China-Model 2) | 4.75 | |||
F Statistic (Poland-Model 2) | 5.42 | |||
F Statistic (Turkey-Model 2) | 8.59 |