Table 3 Nonlinearity test
| Â | Teraesvirta | White | Keenan | Tsay | LR |
|---|---|---|---|---|---|
RBIST | 1.5536 (0.4598) | 0.0266 (0.9867) | 3.3048 (0.0691) | 4.2601 (0.0051) | 3.1302 (0.0511) |
RINDUSTRIAL | 1403.008 (0.0000) | 1155.03 (0.0000) | 616.8418 (0.0000) | 7.8849 (0.0000) | 614.558 (0.0000) |
RINFORMATION | 1396.843 (0.0000) | 841.7639 (0.0000) | 828.2828 (0.0000) | 18.5397 (0.0000) | 804.549 (0.0000) |
RFINANCIALS | 1370.638 (0.0000) | 956.8247 (0.0000) | 729.2311 (0.0000) | 11.0627 (0.0000) | 707.8793 (0.0000) |
RSERVICES | 1405.297 (0.0000) | 1284.147 (0.0000) | 549.5759 (0.0000) | 5.2320 (0.0000) | 559.1786 (0.0000) |
RMETALS | 1373.058 (0.0000) | 1342.792 (0.0000) | 761.5324 (0.0000) | 13.9666 (0.0000) | 736.4937 (0.0000) |
RTOURISM | 1389.588 (0.0000) | 583.2149 (0.0000) | 878.0924 (0.0000) | 24.8813 (0.0000) | 889.8795 (0.0000) |
RREALESTATE | 1425.581 (0.0000) | 1221.735 (0.0000) | 747.1507 (0.0000) | 13.6214 (0.0000) | 735.3947 (0.0000) |
RCHEMPETROL | 1402.947 (0.0000) | 1300.331 (0.0000) | 686.7822 (0.0000) | 8.9187 (0.0000) | 696.1988 (0.0000) |