Structural Vector Autoregressive Analysis of Crude Oil Price Shocks on Ghana’s Economy

Table 5.

SVARdiagnosis tests

Test criterion	Results	P-value
Normality test - Jarque-Bera test (joint)	Χ² = 18.08457	0.0536
Autocorrelation test	LM-statistics = 52.33755	0.2227
Heteroscedasticity Test	White-statistics = 607.4711	0.4075

Source: Author’s calculation