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. 2023 Apr 17:1–19. Online ahead of print. doi: 10.1007/s13132-023-01303-y

Table 4.

Pesaran et al. (2001) and Narayan (2004) lower and upper bound critical values

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

Source: Pesaran et al. (2001) and Narayan (2004) tables