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Westerlund and Kao residual cointegration tests
| t-Statistic | Prob | |
|---|---|---|
| ADF | − 3.724*** | 0.000 |
| Residual variance | 0.000 | |
| HAC variance | 0.001 | |
| Westerlund cointegration | ||
| Variance ratio | − 4.121*** | 0.000 |
***, **, and * denote the significance at 1%, 5%, and 10% level, respectively
