Nigeria

Niger

Senegal

Du

Du

Du

Cointegrating Vectors

Dw-p.lp₋₁

Du₋₁

DLU₋₁

Dk₋₁

Dti₋₁

R²

F-statistic

Log likelihood

Akaike AIC

Schwarz SC

−0.032

(0.251)

−0.062

(−0.761)

−0.0541

(0.066)

−0.201

(−0.001)

−0.262

(−1.031)

−0.006

(−0.071)

0.721

2.542

192.092

−3.932

−3.361

−0.0142

(1.325)

−0.532

(−2.342)

−0.531

(0.181)

−0.332

(−0.012)

−0.271

(−0.514)

1.542

(−0.931)

0.492

2.901

174.936

−4.921

−5.172

0.172

(2.861)

−0.042

(−0.021)

−0.006

(−0.612)

−0.421

(−0.015)

−0.841

(−0.006)

−0.018

(−0.002)

0.791

2.103

241.952

−3.923

−3.021