Oil and food prices in Malaysia: a nonlinear ARDL analysis

Agricultural and Food Economics

Table 2 Bounds test for nonlinear cointegration

Oil price specification	F-Statistics	95% lower bound	95% upper bound	Conclusion
op _rm	11.9022	4.428	6.250	Cointegration
op _usd	12.4833			Cointegration

Notes: the critical values are from Narayan (2005), given the small sample size.