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Table 3 Panel cointegration test results

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

Test

Test Stat

P-value

Westerlund and Edgerton (2008)

  

ZÏ„

− 4.867*

0.000

ZØ

− 1.396***

0.081

  1. * and ***Indicate the rejection of the null hypothesis at 1% and 10% significance levels, respectively