Redundant test
| Cross-section and period fixed-effect testing | |||
|---|---|---|---|
| Statistics | D.F | Prob | |
| Effects test | |||
| “Cross-section F” | 10.873 | (7.51) | 0.000 |
| “Cross-section χ2” | 64.840 | 7 | 0.000 |
| “Period F” | 0.291 | (8.51) | 0.965 |
| “Period χ2” | 3.177 | 8 | 0.922 |
| Without India | |||
| “Cross-section F | 16.397 | (6,44) | 0.000 |
| “Cross-section χ2” | 73.984 | 6 | 0.000 |
| “Period F” | 0.758 | (8,44) | 0.640 |
| “Period χ2” | 8.142 | 8 | 0.419 |
| Cross-section and period fixed-effect testing | |||
|---|---|---|---|
| Statistics | D.F | Prob | |
| “Cross-section F” | 10.873 | (7.51) | 0.000 |
| “Cross-section | 64.840 | 7 | 0.000 |
| “Period F” | 0.291 | (8.51) | 0.965 |
| “Period | 3.177 | 8 | 0.922 |
| “Cross-section F | 16.397 | (6,44) | 0.000 |
| “Cross-section | 73.984 | 6 | 0.000 |
| “Period F” | 0.758 | (8,44) | 0.640 |
| “Period | 8.142 | 8 | 0.419 |
Source(s): Authors' own calculation using Eviews 10