Variable

ADF test value

1% critical value

5% critical value

10% critical value

Prob.

Test results

In conclusion

LNSR

0.17

−4.12

−3.50

−3.17

0.99

Accept H0

Not smooth

DLNSR

−5.49

−4.14

−3.50

−3.18

0.0002

Reject H0

Smooth