Model |
Equation |
F-Statistic |
M1 |
F(lnKLCI | MCS, MOPR, lnMRM2, MTS, USFUND) |
5.576**** |
M2 |
F(MCS | lnKLCI, MOPR, lnMRM2, MTS, USFUND) |
7.101**** |
M3 |
F(MOPR | lnKLCI, MCS, lnMRM2, MTS, USFUND) |
8.346**** |
M4 |
F(lnMRM2 | lnKLCI, MCS, MOPR, MTS, USFUND) |
1.611 |
M5 |
F(MTS | lnKLCI, MCS, MOPR, lnMRM2, USFUND) |
3.408* |
M6 |
F(lnKLCI | MCS, MOPR, lnMRM2, MTS, LNUSTA) |
7.086**** |
M7 |
F(MCS | lnKLCI, MOPR, lnMRM2, MTS, LNUSTA) |
7.406**** |
M8 |
F(MOPR | lnKLCI, MCS, lnMRM2, MTS, LNUSTA) |
5.637**** |
M9 |
F(lnMRM2 | lnKLCI, MCS, MOPR, MTS, LNUSTA) |
1.403 |
M10 |
F(MTS | lnKLCI, MCS, MOPR, lnMRM2, LNUSTA) |
10.958**** |
Bounds test critical values(Case III. Unrestricted intercept and no trend) |
Significant Level |
I(0) |
I(1) |
10% |
2.26 |
3.35 |
5% |
2.62 |
3.79 |
2.5% |
2.96 |
4.18 |
1% |
3.41 |
4.68 |