Table 7 Results of Cointegration Tests.

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

Statistic

Model 1

Model 2

Model 3

Model 4

Value

P-value

Value

P-value

Value

P-value

Value

P-value

−2.63

0.005***

−2.95

0.000***

−2.52

0.064*

−3.17

0.000***

Ga

−24.02

0.000***

−25.57

0.000***

−15.12

0.000***

−16.48

0.000***

−14.68

0.006***

−16.99

0.083*

−15.01

0.024**

−22.52

0.000***

Pa

−14.87

0.000***

−18.66

0.000***

−10.97

0.006***

−15.75

0.000***

  1. ***, ** and * represent statistical significance at 0.01, 0.05 and 0.10 levels, respectively.