Table 2 Results of the ARDL Bound Test
Test statistics | Values | K |
|---|---|---|
F-statistics | 7.12 | 3 |
Critical value bounds | ||
Significance | I0 bound | I1 bound |
10% | 2.72 | 3.77 |
5% | 3.23 | 4.35 |
2.50% | 3.69 | 4.89 |
1% | 4.29 | 5.61 |
Test statistics | Values | K |
|---|---|---|
F-statistics | 7.12 | 3 |
Critical value bounds | ||
Significance | I0 bound | I1 bound |
10% | 2.72 | 3.77 |
5% | 3.23 | 4.35 |
2.50% | 3.69 | 4.89 |
1% | 4.29 | 5.61 |