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

Journal of Economic Structures Cover Image

Table 6 Residual diagnostic test results

From: An empirical retrospect of the impacts of government expenditures on economic growth: new evidence from the Nigerian economy

Test statistics(P-value)
Breusch–Godfrey serial correlation LM test(0.2853)
Breusch–Godfrey test heteroscedasticity(0.3723)
Jarque–Bera normality test(0.2593)
  1. The fitted model satisfactorily pass all the residual diagnostic test. Thus, the model is suitable for policy direction