Model |
Equation |
F-statistic |
Prob. Chi-Square |
Result |
M1 |
F(lnKLCI | MCS, MOPR, lnMRM2, MTS, USFUND) |
0.654 |
0.479 |
H0 is not rejected. |
M2 |
F(MCS | lnKLCI, MOPR, lnMRM2, MTS, USFUND) |
0.853 |
0.381 |
H0 is not rejected. |
M3 |
F(MOPR | lnKLCI, MCS, lnMRM2, MTS, USFUND) |
1.199 |
0.270 |
H0 is not rejected. |
M4 |
F(lnMRM2 | lnKLCI, MCS, MOPR, MTS, USFUND) |
0.408 |
0.625 |
H0 is not rejected. |
M5 |
F(MTS | lnKLCI, MCS, MOPR, lnMRM2, USFUND) |
0.197 |
0.798 |
H0 is not rejected. |
M6 |
F(lnKLCI | MCS, MOPR, lnMRM2, MTS, LNUSTA) |
0.573 |
0.633 |
H0 is not rejected. |
M7 |
F(MCS | lnKLCI, MOPR, lnMRM2, MTS, LNUSTA) |
0.776 |
0.471 |
H0 is not rejected. |
M8 |
F(MOPR | lnKLCI, MCS, lnMRM2, MTS, LNUSTA) |
0.419 |
0.746 |
H0 is not rejected. |
M9 |
F(lnMRM2 | lnKLCI, MCS, MOPR, MTS, LNUSTA) |
0.758 |
0.467 |
H0 is not rejected. |
M10 |
F(MTS | lnKLCI, MCS, MOPR, lnMRM2, LNUSTA) |
1.649 |
0.082 |
H0 is not rejected. |