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Bound test
| Model | F-statistics | Cointegration | χ2 ARCH | χ2 RESET | χ2 normality | χ2 LM |
|---|---|---|---|---|---|---|
| GDP=f(CO2, EC, GCF, URB) | 5.61* | Yes | 0.57 (0.56) | 0.72 (0.47) | 0.91 (0.63) | 0.58 (0.44) |
| 10% | 5% | 1% | ||||
| LB | UB | LB | UB | LB | UB | |
| 2.26 | 3.35 | 2.62 | 3.79 | 3.41 | 4.68 | |
*Represents a 1% level of significance and LB and UB denote lower bound and upper bound critical value
