Research Article

Impact of Logistics Development on Economic Growth: An Empirical Research from Guangdong Province in China

Table 5

Wald test and LR test.

TestStatistic value

Wald spatial lag39.15≤0.001
Wald spatial error14.65≤0.01
LR spatial lag44.76≤0.001
LR spatial error44.55≤0.001
Hausman test32.56≤0.001