Model

F-stat.

Diagnostic tests

Normality¹

Heteroskedasticity²

Correlation³

ARDL (4, 5, 1, 5, 5, 2)

4.526^*

0.790

0.296

0.298

Critical value

Lower bound value

Upper bound value

1%

2.82

4.21

5%

2.14

3.34

10%

1.81

2.93