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

Table 6 Model statistics

From: Uganda’s experience with debt and economic growth: an empirical analysis of the effect of public debt on economic growth—1980–2016

R-squared

0.925020 Mean-dependent var

5.83893

Adjusted R-squared

0.787558 S.D.-dependent var

3.22857

S.E. of regression

1.488094 Akaike info criterion

3.87671

Sum squared resid

26.57310 Schwarz criterion

4.8988

Log-likelihood

−44.84250 Hannan–Quinn criteria

4.229538

F-statistic

6.729244 Durbin–Watson stat

2.82375

Prob(F-statistic)

0.000736

 
  1. The R-square of 0.925 and the F-statistic of 6.729 for model significance imply that the regressors in the model are adequately able to explain public debt and its effect on Uganda’s economic growth (see Table 6)