The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 2 Results of the Pesaran’s CD test.
From: Monetary shocks and production network in the G7 countries
Variables | Computed statistic | p-value |
|---|---|---|
ir1 | 10.86 | < 0.05 |
ir2 | 17.75 | < 0.05 |
\({\text{up}}^{{\text{total}}}\) | 14.78 | < 0.05 |
\({\text{up}}^{{\text{construction}}}\) | 8.08 | < 0.05 |
\({\text{up}}^{{\text{fin}}}\) | 16.03 | < 0.05 |
\({\text{up}}^{{\text{ins}}}\) | 13.34 | < 0.05 |
\({\text{up}}^{{\text{estate}}}\) | 12.52 | < 0.05 |
\({\text{down}}^{{\text{total}}}\) | 14.33 | < 0.05 |
\({\text{down}}^{{\text{construction}}}\) | 10.23 | < 0.05 |
\({\text{down}}^{{\text{fin}}}\) | 12.75 | < 0.05 |
\({\text{down}}^{{\text{ins}}}\) | 13.95 | < 0.05 |
\({\text{down}}^{{\text{estate}}}\) | 11.81 | < 0.05 |