Table 4 Omitted Variables Checks results
Variables | Standard of judgment | \({{\varvec{R}}}_{max}=1.3\widetilde{{\varvec{R}}}\) | \({{\varvec{R}}}_{max}=1.4\widetilde{{\varvec{R}}}\) | \({{\varvec{R}}}_{max}=1.5\widetilde{{\varvec{R}}}\) | \({{\varvec{R}}}_{max}=1.6\widetilde{{\varvec{R}}}\) | Pass the test |
|---|---|---|---|---|---|---|
RCC | \(\delta\)>1 | 2.1166 | 1.6124 | 1.3069 | 1.0987 | YES |