Table 4 Westerlund and Edgerton (2008) panel cointegration analysis.

From: The impact of education and digitalization on female labour force participation in BRICS: an advanced panel data analysis

Test

No break

Mean shift

Regime shift

Dependent variable: FLFP

Zφ(N)

−6.335***

−6.121***

−7.010***

Pvalue

0.000

0.000

0.000

Zτ(N)

−3.444***

−3.221***

−4.391***

Pvalue

0.000

0.000

0.000

  1. ***, ** and * explain the significance level at 1%, 5% and 10%, respectively, whereas the values in parentheses contain P-values. Both models’ structural breaks for mean and regime shifts can be available on request.
Back to article page