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Table 4 Cointegration analysis results

From: Effects of industrialization on Tanzania’s economic growth: a case of manufacturing sector

Series: LGDPN, LMANU, LMINQ, LCNST, LWSSE, LAGRC, LSERC

Lag Interval (1)

Number of Observation 46

Sample:1970 – 2017

Regression

ADF statistic (p-value)

Order of Integration

Residual

−3.701 (0.0041) ***

I (0)

Series: LMVA, LFDI, LXRT, LNDC, LLFO

Lag Interval (1)

Number of Observation 46

Sample:1970 – 2017

Regression

ADF-Statistic (p-value)

Order of Integration

Residual

−3.041 (0.0312) **

I (1)

  1. Asterisk ***, ** indicates significance level at 1% and 5%