Table 3 Bounds test for nonlinear...

Table 3

Bounds test for nonlinear cointegration

Test statistic	Value	Sig	I(0)	I(1)
F-statistic	11.405	10%	2.45	3.52
		5%	2.86	4.01
		1%	3.74	5.06

Note(s): Null Hypothesis: No levels relationship

Source(s): Prepared by the authors