Variables | F-Statistics | Decision |
F (FDI, EC, EX, OPEN, GOV, MZ) | 4.596 | Co-integration exist |
Critical Value Bounds (significance) | Lower Bound (I0) | Upper Bound (I0) |
10% | 2.12 | 3.23 |
5% | 2.45 | 3.61 |
2.5% | 2.75 | 3.99 |
1% | 3.15 | 4.43 |