| Levels | First Difference, ∆ | ||
Optimal | Constant | Constant and Trend | Constant | Constant and Trend |
Lag = 1 |
|
|
|
|
Ln(Agr) | −1.297 | −1.668 | −5.192 | −5.196 |
Ln(FDI) | −1.729 | −1.800 | −4.926 | −5.941 |
Ln(Growth) | −1.932 | −3.041 | −5.124 | −4.942 |
Ln(GFCF) | −0.759 | −1.703 | −4.120 | −4.300 |
| −2.129 | −3.408 | −5.743 | −5.002 |
Ln(pGDP) | −0.043 | −2.069 | −4.758 | −5.774 |
Ln(Labour) | −1.985 | −2.043 | −4.389 | −5.899 |
Ln(RER) | −2.856 | −2.755 | −3.381 | −3.704 |
Ln(Trade) | −1.752 | −1.690 | −2.979 | −3.872 |
5 Percent | −2.986 | −3.603 | −2.992 | −3.612 |