Skip to main content

Table 5 Results of the ARDL Bound Test

From: Uncovered interest rate parity phenomenon and determinants of domestic interest rates: an analysis of Pakistan and China economies

Test statistics

Values

k

F-statistic

6.13

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