Table 6 Pesaran (2004) CD test.

From: Digitalization and institutional quality as drivers of global value chains: evidence from ASEAN using CS-ARDL Analysis

Variables

CD test

p-value

GVC

5.02

0.000

GDP

12.94

0.000

NRR

15.2

0.000

EM

−3.26

0.001

IQ

3.24

0.000

DGT

22.49

0.000

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