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Table 7 Quandt-Andrews unknown breakpoint test

From: Causality between bank’s major activities and economic growth: evidences from Pakistan

Break point test

Model no 1

Model no 2

Causality from bank deposits to GDP

Causality from GDP to bank deposits

Causality from bank credit to GDP

Causality from GDP to bank credit

Maximum LR F-statistic (1989)

1.108528 (1.0000)

0.408038 (1.0000)

0.452622 (0.9999)

1.247246 (0.9944)

Maximum Wald F-statistic (1989)

1.108528 (1.0000)

0.408038 (1.0000)

0.452622 (0.9999)

1.247246 (0.9944)

  1. Null Hypothesis: No breakpoints within trimmed data
  2. Note: probabilities calculated using Hansen's (1997) method
  3. Number of breaks compared: 2