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

Journal of Economic Structures Cover Image

Table 5 Pedroni and Kao cointegration test (export is dependent variable)

From: Does infrastructure increase exports and reduce trade deficit? Evidence from selected South Asian countries using a new Global Infrastructure Index

ExportWithin-dimension (Panel)Between-dimension (Group)
v-Statistic− 1.4074*2.6440Group-rho2.4950***
rho-Statistic− 1.534*− 1.9146**Group-PP− 1.6704*
PP-statistic− 3.4253***0.6203Group ADF− 1.9146**
ADF-statistic− 1.178*− 1.8524**Kao test− 2.22***
  1. ****, ** and * denote the significance at 1%, 5%, and 10%, respectively