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Financial Innovation

Table 1 Cross-section dependence and slope homogeneity tests results

From: Toward a sustainable growth path in Arab economies: an extension of classical growth model

Variables

CDLM1

CDLM2

CD

lngdp

611.136*

53.025*

23.605*

lncrd

526.364*

44.942*

13.504*

lnsav

273.135*

20.798*

10.179*

lnexp

299.637*

23.325*

11.596*

lnlab

388.532*

31.801*

7.773*

Model

205.698*

14.368*

0.164

Slope homogeneity

Test statistics

P-value

 

\(\hat{\Delta }\)

10.483*

0.000

 

\(\hat{\Delta }_{adj}\)

12.403*

0.000

 
  1. *Indicates the rejection of the null hypothesis at a 1% significance level
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