Table 5 Cross-sectional dependence and unit root tests.

From: Achieving sustainable development goals: do governance and foreign direct investment matter?

Variable

CD test

CIPS 1(0)

CPIS 1(1)

CADF 1(0)

CAFD 1(1)

SDGs

145.1***

−1.86

−4.32***

−1.60

−2.04***

SDG_ECO

152.57***

−2.26***

−4.60***

−1.80

−2.83***

SDG_SOC

104.42***

−1.93

−4.28***

−1.73

−2.32***

SDG_ENV

41.11***

−2.66***

−5.05***

−1.87

−2.43***

GOV

4.20***

−2.33

−4.78***

−1.78

−2.56***

FDI

13.31***

−2.83***

−5.08***

−2.28

−2.58***

GI

154.27***

−2.65***

−4.80***

−2.23

−2.52***

GS

3.40***

−2.20***

−4.60***

−2.25

−2.65***

GDP

146.27***

−2.63

−4.08***

−1.68

−2.56***

POP

181.33***

−1.93***

−2.41***

−1.79

−2.25***

  1. CD is cross-sectional dependence, CIPS is the Pesaran unit root test, and CADF is the augmented Dickey-Fuller test in the presence of CD. *** represent statistical significance at 0.01 level, H0: Cross-sectional Independence.