ARDL Bound Test (Null Hypothesis: No Long-Run Relationship Exists)
| Cor = f(REM, KO, UN, Tax), F-Statistics = 15.23438** | K=4, ARDL(4, 1, 4, 4, 4) |
| Cor = f(REM, KO, UN, MIP), F-Statistics = 8.245620** | K=4, ARDL(4, 3, 4, 2, 4) |
| Cor = f(REM, KO, UN, Law), F-Statistics =5.04185** | K=4, ARDL(4, 4, 4, 2, 4) |
| Cor = f(REM, KO, UN, Tax, MIP), F-Statistics = 5.6454** | K=5, ARDL(2, 2, 2, 2, 0, 1) |
| Cor = | |
| Cor = | |
| Cor = | |
| Cor = |
Note(s): **donates significant at 5%Source(s): Authors’ Computation
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.