Series | ADF Test Value | Critical Value | Outcome | ||
1% | 5% | 10% | |||
lnPP | −1.935843 | −4.262735 | −3.552973 | −3.209642 | Non stationary |
∆lnPP | −5.481082*** | −4.273277 | −3.557759 | −3.212361 | Stationary |
lnGDP | −2.883426 | −4.273277 | −3.557759 | −3.212361 | Non stationary |
∆lnGDP | −3.773876** | −4.273277 | −3.557759 | −3.212361 | Stationary |
lnFDI | −1.550299 | −3.646342 | −2.954021 | −2.615817 | Non stationary |
∆lnFDI | −3.304325** | −3.699871 | −2.976263 | −2.627420 | Stationary |
lnDI | −2.975691 | −4.296729 | −3.568379 | −3.218382 | Non stationary |
∆lnDI | −4.983489*** | −4.273277 | −3.557759 | −3.212361 | Stationary |
lnL | 1.058008 | −4.356068 | −3.595026 | −3.233456 | Non stationary |
∆lnL | −5.261270*** | −4.356068 | −3.595026 | −3.233456 | Stationary |