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

Table 8 Long-run and short-run asymmetric test (Wald test)

From: Asymmetric relationships between information and communication technology (ICT), globalization, and human development in India: evidence from non-linear ARDL analysis

Variables

Long-run asymmetry

Short-run asymmetry

χ2

Probability

χ2

Probability

LnKOFGI

3.251***

0.071

4.155**

0.042

LnMD

3.080***

0.079

0.044

0.833

LnID

3.955**

0.047

4.175**

0.041

  1. Source: authors’ estimation from UNDP, WDI, and ETH Zurich KOF data
  2. ** and *** imply significant at 5% and 10% level, respectively