Table 7.

Diagnostic tests results

TestsF-stat.Pro.
Serial correlation 1.778381 0.2802 
ARCH 2.260308 0.1463 
Normality 0.96104 0.61846 
Ramsey RESET 1.610357 0.1682 
TestsF-stat.Pro.
Serial correlation 1.778381 0.2802 
ARCH 2.260308 0.1463 
Normality 0.96104 0.61846 
Ramsey RESET 1.610357 0.1682 
Source: Authors’ own creation
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