The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 1 Results of cross-sectional dependence tests
From: Does globalization accelerate economic growth? South Asian experience using panel data
Levels | Y | OG | EG | SG | PG |
|---|---|---|---|---|---|
CDLM (Breusch and Pagan 1980) | 20.16** (0.027) | 339.64*** (0.00) | 313.91*** (0.00) | 327.91*** (0.00) | 286.66*** (0.00) |
CDLM (Pesaran 2004) | 2.27** (0.023) | 73.71*** (0.00) | 67.96*** (0.00) | 71.09*** (0.00) | 61.86*** (0.00) |
CD (Pesaran 2004) | 2.41** (0.016) | 18.20*** (0.00) | 17.47*** (0.00) | 17.93*** (0.00) | 16.47*** (0.00) |
LMadj (Pesaran et al. 2008) | 2.21** (0.026) | 73.65*** (0.00) | 67.89*** (0.00) | 71.03*** (0.00) | 61.80*** (0.00) |