Table 5

Diagnostic tests

TestF-statisticsProb
Model 2: TARR = f (ICT, FIND, ECG, INFR)
Breusch-godfrey serial correlation0.5740.566
Heteroscedasticity1.6850.073
Ramsey RESET2.3760.128
Normality24.5810.000
Model 3: TREC = f (ICT, FIND, ECG, INFR)
Breusch-godfrey serial correlation0.7020.587
Heteroscedasticity0.7900.678
Ramsey RESET0.4810.538
Normality1.2300.541

Source(s): Authors’ own computation

or Create an Account

Close Modal
Close Modal