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Journal of Economic Structures

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

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)

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  1. The fitted model satisfactorily pass all the residual diagnostic test. Thus, the model is suitable for policy direction
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