From: Market risk spillover and the asymmetric effects of macroeconomic fundamentals on market risk across Vietnamese sectors
Hausman (1978)
Chi-square
P-value
5.47
0.963
Pesaran and Yamagata (2008)
\(\overline{\Delta }\)
\(\overline{\Delta }_{adj}\)
Interest
2.717***
2.751***
lnExchange
10.663***
10.795***
lnOpenness
10.424***
10.558***
FD
1.823***
1.849***
lnGDP
9.858***
9.985***
lnGold
8.945***
9.055***
lnOil
9.967***
10.09***
