Diagnostic tests
| Test | F-statistics | Prob |
|---|---|---|
| Model 2: TARR = f (ICT, FIND, ECG, INFR) | ||
| Breusch-godfrey serial correlation | 0.574 | 0.566 |
| Heteroscedasticity | 1.685 | 0.073 |
| Ramsey RESET | 2.376 | 0.128 |
| Normality | 24.581 | 0.000 |
| Model 3: TREC = f (ICT, FIND, ECG, INFR) | ||
| Breusch-godfrey serial correlation | 0.702 | 0.587 |
| Heteroscedasticity | 0.790 | 0.678 |
| Ramsey RESET | 0.481 | 0.538 |
| Normality | 1.230 | 0.541 |
| Test | Prob | |
|---|---|---|
| Breusch-godfrey serial correlation | 0.574 | 0.566 |
| Heteroscedasticity | 1.685 | 0.073 |
| Ramsey RESET | 2.376 | 0.128 |
| Normality | 24.581 | 0.000 |
| Breusch-godfrey serial correlation | 0.702 | 0.587 |
| Heteroscedasticity | 0.790 | 0.678 |
| Ramsey RESET | 0.481 | 0.538 |
| Normality | 1.230 | 0.541 |
Source(s): Authors’ own computation
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