|
| ADF | PPerron | ||
|
| Test Statistic | Test Statistic | ||
| Variable | I (0) | I (1) | I (0) | I (1) |
| Pbgdp pdgdp Outputgap Expendgap Lnexp Lnrev | −2.471 −1.886 −3.650** −3.927*** −2.682** −1.989 | −5.669*** −4.144*** −7.734*** −8.266*** −4.898*** −6.129*** | −2.468 −2.022 −3.684** −3.844*** −2.769** −1.935 | −5.659*** −4.126*** −7.951*** −8.642*** −4.900*** −6.370*** |