Ahmed, Sayed Farrukh; Mohsin, A. K. M.; Hossain, Syed … - In: Economies : open access journal 11 (2023) 3, pp. 1-17
Johansen test of co-integration was employed to determine whether the variables were co-integrated. The VECM was used for … were integrated of order one, I(1), with breaks (confirmed by ZA and LP unit root tests), a Johansen test of co-integration … was applied to identify whether the variables were co-integrated. The results of the Johansen co-integration test …