Unraveling the South Asian enigma: concurrent manifestations of child anthropometric failures and their determinants in selected South Asian countries

Table 10 Results of Johansen- Fisher Panel Cointegration Test

Johansen- Fisher Panel Cointegration Test
	Individual Intercept		Individual Intercept and Trend
	Fisher statistic trace test	Probability	Fisher statistic (Max eigen test)	Probability
None	194.5	0.0000	72.56	0.0000
At most 1	356.2	0.0000	122.6	0.0000
At most 2	167.8	0.0000	90.63	0.0000
At most 3	108.4	0.0000	31.21	0.0000
At most 4	82.41	0.0000	23.60	0.0006
At most 5	65.61	0.0000	21.69	0.0014
At most 6	52.55	0.0000	23.17	0.0007
At most 7	39.76	0.0000	30.16	0.0000
At most 8	20.09	0.0027	20.09	0.0027

H₀: variables are not cointegrated. All variables are distributed normally, N (0, 1). *** And ** mean significant at 1% and 5% respectively. Fisher’s (1932) test is employed irrespective of an independent variable. Lag intervals for test: 1 1, Asymptotic p-values are estimated by employing χ² distribution tests [77]. Here we see that in the case of none hypothesized cointegrated equation; the probability value is less than 0.05. Therefore we reject our null hypothesis and conclude that the variables have a long- run association. In the same fashion, in at most 1, at most 2 and all the remaining hypothesized conintegrated equations, all the probabilities are less than 0.05. Therefore we reject our null hypothesis and state that the variables under consideration are conintegrated and have long- run associations (Table 10)

ISSN: 2055-0928