Variables

ADF Test Statistic

5% Critical Value of ADF Test Statistic

P-Values (5% Level of Significance)

Order of Remarks

Integration

DGDPGR

−5.920115

−2.963972

0.0000*

I(1) 1st order Difference stationary

DLnTRDOP

−6.130508

−2.957110

0.0000*

I(1) 1st order Difference stationary

DLnREEXR

−6.010155

−2.957110

0.0000*

I(1) 1st order Difference stationary

DFDI

−4.121626

−2.963972

0.0033*

I(1) 1st order Difference stationary