Table 6 Outcomes of the cointegration test.
Gt | Ga | Pt | Pa | |
|---|---|---|---|---|
Statistic | −3.684 | −12.732 | −5.400 | −5.974 |
Z−value | −4.076 | −5.613 | −6.112 | −5.064 |
P-value | 0.010 | 0.032 | 0.053 | 0.000 |
Gt | Ga | Pt | Pa | |
|---|---|---|---|---|
Statistic | −3.684 | −12.732 | −5.400 | −5.974 |
Z−value | −4.076 | −5.613 | −6.112 | −5.064 |
P-value | 0.010 | 0.032 | 0.053 | 0.000 |