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| Test Methods | statistical value | p-value |
|---|---|---|
| LM-lag | 51.323*** | 0.000 |
| Robust LM-lag | 70.816*** | 0.000 |
| LM-error | 132.497*** | 0.0000 |
| Robust LM-error | 151.990*** | 0.0000 |
| Wald Spatial error | 59.10*** | 0.0000 |
| Wald Spatial lag | 62.17*** | 0.0000 |
| LR Spatial error | 56.13*** | 0.0000 |
| LR Spatial lag | 58.65*** | 0.0000 |
| Hausman | 18.42*** | 0.0183 |
Notes: Values in parentheses indicate the standard deviation.
*, ** and *** indicate p < 0.1, p < 0.05 and p < 0.01, respectively.
