Does Foreign Direct Investment Impact Energy Intensity? Evidence from Developing Countries

Table 8

Tests of number remaining nonlinear.

H0: r = 1 vs. H1: r = 2	BRICS	Non-BRICS
Wald tests (LM)	12.299 (0.056)	11.265 (0.081)
Fisher tests (LMF)	1.825 (0.103)	1.733 (0.115)
LRT tests (LRT)	13.042 (0.042)	11.536 (0.073)

Notes. values are shown in parentheses. Moreover, r is the number of transition functions.