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. 2021 Mar 24;23(11):16208–16226. doi: 10.1007/s10668-021-01324-0

Table 3.

The result of bound tests for cointegration test

10% 5% 2.50% 1%
F-statistics I(0) I(1) I(0) I(1) I(0) I(1) I(0) I(1)
3.993 1.99 2.94 2.27 3.28 2.55 3.61 2.88 3.99