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Geothermal Energy

Science – Society – Technology

Table 4 Johansen–Fisher panel cointegration test results

From: The impact of wind and geothermal energy consumption on economic growth and financial development: evidence on selected countries

Model 1

Hypothesis

Fisher statistic trace statistic

Prob

Fisher statistic maximum eigenvalue

Prob

H0: r = 0

98.44***

0.000

60.63***

0.000

H0: r ≤ 1

59.27***

0.000

38.75***

0.003

Model 2

Hypothesis

Fisher statistic trace statistic

Prob

Fisher statistic maximum eigenvalue

Prob

H0: r = 0

95.41***

0.000

61.00***

0.000

H0: r ≤ 1

55.74***

0.000

36.32***

0.006

  1. ***, **, and * denote significance at 1%, 5%, and 10% significance levels, respectively
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