Table 2

Autocorrelation tests of the CBs/model

Model typeWooldridge testDurbin Watson testFPrDecision
LnProcitWooldridge test12.0970.0014 < 5%Presence of autocorrelation
EffcitDurbin Watson test50.4820.0000 < 5%Presence of autocorrelation
LiqcitWooldridge test21.1870.0001 < 5%Presence of autocorrelation
LnSolcitWooldridge test1.7090.1988 > 5%Absence of autocorrelation

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