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

Table 5 Results of Johansen cointegration test (trace statistics) for FDI and FT.

From: How far is FDI relevant to India’s foreign trade growth? An empirical investigation

H0

H1

Trace statistics

5% critical value

Probability*

r = 0

r = 1

 16.15875

 15.49471

 0.0397

r ≤ 1

r = 2

 1.608256

 3.841466

 0.2047

  1. * MacKinnon et al. (1999) p values