Skip to main content
Financial Innovation

Table 6 ARDL model: Long-run results

From: Savings, investment, and growth in Nepal: an empirical analysis

Regressor

Coefficient

P-values

Dependent variable: ln GPC

 ln GDS

−0.068

0.638

 ln INV

0.427***

0.009

 D2001

0.077

0.161

 Intercept

−1.134

0.210

Diagnostic test statistics

 

Test stats

P-value

 LM

0.061

0.807

 JB

0.985

0.611

 Ramsey

1.055

0.314

  1. Note: GPC, GDS, and INV stand for the real GDP per capita, gross domestic savings, and investment, respectively. LM, JB, and Ramsey denote the test statistics for serial correlation, normality of errors, and functional form, respectively
  2. *** significant at 1% level
Back to article page