| Test Hypotheses | Tests |
| Chi-square value (probability) |
| Heteroskedasticity | White Breusch-Pagan/Cook-Weisberg |
| 4.62 (0.46) 0.27 (0.60) |
| Normality | Jarque-Bera | Δlenc | 1.998 (0.36) |
| Δlgdp | 0.080 (0.96) | ||
| Δlpop | 0.011 (0.994) | ||
| ALL | 2.089 (0.91) | ||
| Autocorrelation | Lagrange-multiplier test | Lag 1 | 10.122 (0.340) |
| Lag 2 | 16.651 (0.055) | ||
| Stability |
|
| The VECM specification imposes 2 unit moduli. |