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Table 4 ARDL Bounds test

From: The impact of maritime transport financing on total trade in South Africa

Dependent variable

F-stats

1%

5%

10%

MTF

TRADE

4.248

Cointegration

Cointegration

Cointegration

Level of significance

Lower I (0)

Upper I (1)

Critical values

1%

3.74

5.06

5%

2.86

4.01

10%

2.45

3.52