Table 4.
| Description | Value at 1% significance level | Value at 5% significance level | Value at 10% significance level | |||
|---|---|---|---|---|---|---|
| Lower bound, I(0) | Upper bound I(1) | Lower bound I(0) | Upper bound I(1) | Lower bound I(0) | Upper bound I(1) | |
| Pesaran (2001) critical values for K=6 | 3.60 | 4.90 | 2.87 | 4.00 | 2.53 | 3.59 |
| Narayan (2004) critical values for K=6 | 4.53 | 6.26 | 3.33 | 4.70 | 2.387 | 3.671 |