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Table 8 Cointegration of Westerlund test outcomes

From: The role of natural resources in financial expansion: evidence from Central Asia

Statistic

Value

Z-value

p value

Gt

− 3.525*

− 1.239

0.068

Ga

− 11.483**

1.887

0.018

Pt

− 5.571

0.661

0.313

Pa

− 12.863**

0.699

0.013

  1. **, * refers that there is significance at the 5%, 10% levels