Dependent variables | F-Statistics | Outcomes |
FCO2(CO2|PCI, COLCNM, NTGCNM, OLCNM) | 5.2017 | Co-integration |
FPCI (PCI|CO2, COLCNM, NTGCNM, OLCNM) | 11.2702 | Co-integration |
FCOLCNM (COLCNM|CO2, PCI, NTGCNM, OLCNM) | 14.0254 | Co-integration |
FNTGCNM (NTGCNM|CO2, PCI, COLCNM, OLCNM) | 6.6677 | Co-integration |
FOLCNM (OLCNM|CO2, PCI, COLCNM, NTGCNM) | 3.6615 | Inconclusive |
Critical Bounds Values | ||
Significance | I(0) Bound | I(1) Bound |
10% | 2.45 | 3.52 |
5% | 2.86 | 4.01 |
2.5% | 3.25 | 4.49 |
1% | 3.74 | 5.06 |