The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 7 Diagnostic tests for ARDL estimates
From: Non-linear impact of exchange rate changes on U.S. industrial production
Sectors | Bounds test (F-statistic) | LM (Prob. chi-square) | RESET (FITTED2) | CUSUM (CUSUM2) | ECM \((t-1)\) | Adjusted R2 |
|---|---|---|---|---|---|---|
Energy materials | 2.720358** | 0.2725 | 0.1815 | S (U) | − 0.08*** (0.02) | 0.98 |
Mining | 3.794992*** | 0.3147 | 0.3813 | S (U) | − 0.06*** (0.02) | 0.97 |
Non-durable manufacturing | 2.757674*** | 0.1052 | 0.0247 | S (S) | − 0.11*** (0.03) | 0.98 |
Electricity | 6.840694*** | 0.3731 | − 0.4676 | S (S) | − 0.34*** (0.05) | 0.97 |