Variables

T statistic

1%

Critical value

5%

Critical value

10%

Critical value

GZLNGDP 2nd order difference

−3.505393

−4.004425

−3.098896

−2.690439

GZLNEIT 2nd order difference

−6.146516

−4.200056

−3.175352

−2.728985

GZLNEDT 2nd order difference

−5.247540

−4.057910

−3.119910

−2.701103

SZLNGDP 1st order difference

−4.178483

−4.121990

−3.144920

−2.713751

SZLNEIT 1st order difference

−5.038717

−4.057910

−3.119910

−2.701103

SZLNEDT 1st order difference

−5.872013

−4.057910

−3.119910

−2.701103

ZHLNGDP 2nd order difference

−4.517788

−4.057910

−3.119910

−2.701103

ZHLNEIT 2nd order difference

−4.225740

−4.121990

−3.144920

−2.713751

ZHLNEDT 2nd order difference

−4.061596

−4.121990

−3.144920

−2.713751