Table 4 Test for threshold value
Variables | Test for single threshold value | Test for double threshold value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
F value | p value | BS | 10% | 5% | 1% | F value | p value | BS | 10% | 5% | 1% | |
REC | 16.87 | 0.00 | 300 | 8.01 | 9.81 | 12.64 | 4.34 | 0.08 | 300 | 12.81 | 16.54 | 21.11 |
TC | 55.49 | 0.00 | 300 | 10.53 | 13.79 | 18.47 | 48.15 | 0.00 | 300 | 10.13 | 13.11 | 17.08 |
EC | 12.10 | 0.03 | 300 | 7.21 | 9.15 | 14.56 | 1.38 | 0.91 | 300 | 9.72 | 12.17 | 18.75 |
FED | 16.90 | 0.01 | 300 | 10.15 | 12.09 | 16.16 | 8.12 | 0.13 | 300 | 9.81 | 12.18 | 15.14 |
PGDP | 17.15 | 0.00 | 300 | 7.81 | 10.34 | 14.17 | 11.37 | 0.03 | 300 | 8.63 | 10.45 | 13.35 |