Table 6
Outcome of CD test
1
2
3
4
5
6
Pesaran CD
4.489
4.651
6.485
5.264
5.288
3.301
Probability
0.000
0.000
0.000
0.000
0.000
0.000
1
2
3
4
5
6
Pesaran CD
4.489
4.651
6.485
5.264
5.288
3.301
Probability
0.000
0.000
0.000
0.000
0.000
0.000
Source(s):
Author’s calculation
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