The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 4 Results of cointegration test
Model 1 | ||||||||
|---|---|---|---|---|---|---|---|---|
Case-I | Case-II | |||||||
Lag = lead = 1, kernel window = 3 | Lag = 1, kernel window = 3 | |||||||
Statistic | Value | Z value | p value | Robust p value | Value | Z value | p value | Robust p value |
\({G}_{t}\) |  |  |  |  | − 2.779 | − 3.928 | 0.000 | 0.000 |
\({G}_{a}\) |  | N/A |  |  | − 3.171 | 14.551 | 1.000 | 0.330 |
\({P}_{t}\) |  |  |  |  | − 21.981 | 1.811 | 0.965 | 0.005 |
\({P}_{a}\) |  |  |  |  | − 2.284 | 10.018 | 1.000 | 0.375 |