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Table 9 Cross sectional dependence tests

From: Remittances, financial development and economic growth in sub-Saharan African countries: evidence from a PMG-ARDL approach

Tests

Statistic

Prob

Breusch-Pagan LM

813.82a

0.00

Pesaran Scaled LM

30.97a

0.00

Pesaran CD

10.68a

0.00

  1. a indicates 0.01% level of significance