Banking sector development and environmental degradation in the Economic Community of West African States: do technology effects matter?

Future Business Journal

Table 5 Westerlund test for cointegration

Test	lnED = f (lnP, lnA, lnT)			lnED = f (lnP, lnA, lnT, lnBSD)			lnED = f (lnP, lnA, lnT, lnBSD, lnBSD \(\times \) lnT)
Test	Value	z-value	p value	Value	z-value	p value	Value	z-value	p value
G_t	− 3.644	− 4.962	0.000	− 3.709	− 3.091	0.001	− 3.513	− 3.017	0.001
G_a	− 7.239	1.677	0.953	− 0.884	6.322	1.000	− 2.422	0.779	0.782
P_t	− 9.831	− 3.275	0.001	− 6.945	− 8.875	0.000	− 3.969	− 6.271	0.000
P_a	− 2.637	2.440	0.993	− 6.945	1.771	0.962	− 2.392	0.883	0.811