Table 4 Results of CD test.
Variables | CD-Test | P value |
|---|---|---|
Breusch-Pagan LM | 419.862 | 0.0000 |
Pesaran scaled LM | 27.3709 | 0.0000 |
Pesaran CD | 2.52071 | 0.0117 |
Variables | CD-Test | P value |
|---|---|---|
Breusch-Pagan LM | 419.862 | 0.0000 |
Pesaran scaled LM | 27.3709 | 0.0000 |
Pesaran CD | 2.52071 | 0.0117 |