Model | Change in constant | Change in trend | Change in constant and in trend | |||||||||
Level | Difference | Level | Difference | Level | difference | |||||||
Variables | Tr | MinT | Tr | MinT | Tr | MinT | Tr | MinT | Tr | MinT | Tr | MinT |
TC | - | - | - | - | 2005 | −4.482 | - | - | 2004 | −4.04 | - | - |
RE | 2010 | −5.961 | - | - | 2002 | −3.982 | - | - | 2005 | −4.30 | - | - |
PIBHC | 2015 | −3.404 | - | - | 2014 | −3.522 | - | - | 2010 | −5.32 | - | - |
FBCFC | 2010 | −4.983 | - | - | 2003 | −3.702 | - | - | 2010 | −4.90 | - | - |
M | 2007 | −3.774 | - | - | 2015 | −2.680 | 2008 | −5.088 | 2007 | −3.90 | 2003 | −5.22 |