Research Article
Impacts of Voice and Accountability upon Innovation in Pakistan: Evidence from ARDL and Maki Cointegration Approaches
Table 6
Results of bound testing for the ARDL model.
| Estimated model | INN = f(VAA, TSM, INF, SAV) | |
| Lag order | (4, 3, 5, 5, 5) | |
| F-statistic value | 13.851 | |
| Critical bound value | Significance level | I(0) bound | I(1) bound | 10% level | 2.345 | 3.280 | 5% level | 2.763 | 3.813 | 1% level | 3.738 | 4.947 |
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