Skip to main content

Table 7 Diagnostic Tests for long-run

From: Does financial depth impact economic growth in North Cyprus?

Diagnostic Test

χ2sc

χ2BPG

χ2ARCH

Ramsey Reset Test

(F-Statistics)

 

2.8030 (0.3089)

29.3910 (0.803)

0.6941

(0.4047)

2.1090

(0.0828)

  1. NOTE:χ2sc, χ2BPG and, χ2ARCH are the Lagrange multiplier for serial correlation, Breusch-Pagan-Godfrey and ARCH test for heteroscedasticity, respectively. The numbers in the brackets are the P-Values. The F-Statistics was taken into the account when Ramsey RESET test was performed