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Results & Discussion Test for long run relationship ☑ICTEDPS AERC F statistic 4.307107 Critical Lower bound value Upper bound 1(0) I(1) 1% 3.60 4.90 5% 2.87 4.00 10% 2.53 3.59 Table CI(V) unrestricted intercept & unrestricted trend, (Pesaran.2001) 14

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