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Table 4 Value of mobile transactions is the dependent Variable

From: Do migrant remittances matter for financial development in Kenya?

Variables

F-Statistics

Co-integration

(MOB, RGDP, TOPEN, ER, CPI, REM, INT)

5.08**

Co-integration

Critical values

Lower Bound

Upper Bound

1%

3.644

5.464

5%

2.676

4.130

10%

2.260

3.534

  1. ** shows one of the standard ways of indicating significance levels at 5 percent