Table 8 Bayer–Hanck cointegration test results
From: Does financial depth impact economic growth in North Cyprus?
Model specification | Fisher statistics | Lags | Cointegration Decision | |
|---|---|---|---|---|
ENG & GRA | ENG & GRA – JOHAN – BOS – BDM | |||
F LnGNP = f (LnGNPp/LnDEP, LnINF) | 15.1347a | 43.3411a | 06 | Cointegration Exists |
Significance level | Critical values | |||
Significance level at 1% | 16.72 | 32.601 | ||
Significance level at 5% | 10.858 | 21.342 | ||
Significance level at 10% | 8.451 | 16.507 | ||