variables

LLC

Breitung

IPS

Fisher-ADF

Fisher-PP

LnS

−9.83496

(0.0000)

2.73659

(0.9969)

−5.68917

(0.0000)

149.753

(0.0000)

169.315

(0.0000)

LnO

−5.77779

(0.0000)

−5.85274

(0.0000)

−3.70324

(0.0001)

101.302

(0.0012)

91.4300

(0.0089)