Research Article

Determinants of Human Capital Development in Ethiopia: Implications to Education Policy

Table 2

ARDL bounds test to cointegration.

Test statisticValuek

F-statistic5.8834004
Critical value bounds
SignificanceI0 boundI1 bound
10%2.453.52
5%2.864.01
2.5%3.254.49
1%3.745.06