The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 5 Kao et al. (1999) residual cointegration test results
From: Causal effect of mergers and acquisitions on EU bank productivity
t-Statistic | Prob. | |
|---|---|---|
ADF | − 4.8708 | 0.000*** |
Residual variance | 0.4482 | |
HAC variance | 0.2486 |