From: Global FDI inflows and outflows in emerging economies Post-COVID-19 era
Structural break test | Quandt-Andrews unknown breakpoint test | Chow breakpoint test | Stationarity test | ||
---|---|---|---|---|---|
Countries | Break point | Maximum LR F-statistic | Ave LR F-Statistic | Log-Likelihood Ratio | Phillips—Perron's Test Statistic |
India | 2006 | 19.0973* | 4.9226* | 27.1107* | − 1.8570*** |
Turkey | 2003 | 32.0612* | 11.026* | 33. 5229* | − 2.2107*** |
Indonesia | 1999 | 17.5239* | 5.0631* | 26.0239* | − 1.7346*** |
South Africa | 2004 | 4.6461*** | 25,257** | 9.1671** | (− 4.7751) * |
Brazil | 2002 | 23.582* | 6.3072* | 31.0388* | − 1.9240*** |