The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 3 Results of bounds test: ARDL model (2, 1, 2)
From: A time preference measure of the social discount rate for Iran
Dep. var.|Indep. var. | F-stat | W-stat |
|---|---|---|
\({ \ln }F|{ \ln }Y,{ \ln }\left( {{\raise0.7ex\hbox{$P$} \!\mathord{\left/ {\vphantom {P {P^{*} }}}\right.\kern-0pt} \!\lower0.7ex\hbox{${P^{*} }$}}} \right)\) | 8.32 | 24.96 |
Critical bounds | 95% Lower bound | 95% Upper bound | 90% Lower bound | 90% Upper bound |
|---|---|---|---|---|
F-stat. | 4.40 | 5.57 | 3.49 | 4.52 |
W-stat. | 13.20 | 16.72 | 10.47 | 13.57 |