The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 2 ARDL approach to cointegration results
From: THE impact of remittance inflows on poverty in Botswana: an ARDL approach
Model | Independent variables | Function | F-statistic | Cointegration status | Â | Â |
|---|---|---|---|---|---|---|
1 | HHC | F(HHC|REM, EDU, TOP, GDPC, INF) | 4.5551** | Cointegrated | Â | Â |
2 | INFA | F(INFA|REM, EDU, TOP, GDPC, INF) | 3.3728* | Cointegrated | Â | Â |
Asymptotic critical values (unrestricted intercept and no trend) | ||||||
Pesaran et al. (2001:300) critical values (Table CI(iii) Case III) | 10% | 5% | 1% | |||
I(0) | I(1) | I(0) | I(1) | I(0) | I(1) | |
2.26 | 3.35 | 2.62 | 3.79 | 3.41 | 4.68 | |