Table 6.
Long-run asymmetries (WALD test)
| Variables | x2Chi-square [Prob] | Decision |
|---|---|---|
| GDP(Y) | 47.83*** [0.000] | Yes |
| IQ | 267.8***[0.000] | Yes |
| FDI | 62.37*** [0.000] | Yes |
| FF | 7.082***[0.008] | Yes |
| RE | 3.661* [0.056] | Yes |
*Indicates 1% significance level
Long-run asymmetries (WALD test)
| Variables | x2Chi-square [Prob] | Decision |
|---|---|---|
| GDP(Y) | 47.83*** [0.000] | Yes |
| IQ | 267.8***[0.000] | Yes |
| FDI | 62.37*** [0.000] | Yes |
| FF | 7.082***[0.008] | Yes |
| RE | 3.661* [0.056] | Yes |
*Indicates 1% significance level