The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 5 Johansen cointegration test results
From: Revisiting the electricity consumption-led growth hypothesis: is the rule defied in France?
Hypothesis | Trace statistic | Max. Eigen value |
|---|---|---|
\(\ln Y_{t} = f(\ln EC_{t} ,lnF_{t} ,lnK_{t} ,\ln TO_{t} )\) | ||
R = 0 | 134.308* | 57.7443* |
R ≤ 1 | 76.5643* | 38.4684* |
R ≤ 2 | 38.0959 | 24.9707 |
R ≤ 3 | 13.1251 | 8.7558 |
R ≤ 4 | 4.3693 | 4.3693 |
\(\ln Y_{t} = f(\ln EC_{t} ,lnF_{t} ,lnK_{t} ,\ln EX_{t} )\) | ||
R = 0 | 141.3335* | 68.4811* |
R ≤ 1 | 72.8524* | 34.3347** |
R ≤ 2 | 38.5176 | 24.3003 |
R ≤ 3 | 14.2173 | 8.6101 |
R ≤ 4 | 5.6071 | 5.6071 |
\(\ln Y_{t} = f(\ln EC_{t} ,lnF_{t} ,lnK_{t} ,\ln IM_{t} )\) | ||
R = 0 | 127.8559* | 45.0066* |
R ≤ 1 | 82.8493* | 38.4511* |
R ≤ 2 | 44.3981** | 31.6897* |
R ≤ 3 | 12.7084 | 9.7468 |
R ≤ 4 | 2.9615 | 2.9615 |