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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 5 Results of co-integration test between per capita GDP, education and healthcare expenditure

From: Government expenditure on human capital and growth in Namibia: a time series analysis

Null hypothesis

Jtrace

Jmax

Per capita GDP and per capita education expenditure and per capita GDP and per capita healthcare expenditure

 r = 0

32.852 (0.001)

21.707 (0.005)

 r = 1

8.884 (0.020)

8.884 (0.020)

  1. p value is in the parentheses, the results of per capita GDP and per capita education expenditure; and of per capita GDP and per capita healthcare expenditure are exactly similar