Variables

p-Values at Level

p-Values at First Difference

Decision Remarks

Intercept

Trends &

None

Intercept

Trends &

None

Intercept

Intercept

AID

0

0

0

-

-

-

I(0)*

FREM

0.0006

0.0017

0.0001

-

-

-

I(0)*

MS

0.0012

0.0069

0.018

-

-

-

I(0)*

IR

0.6308

0.917

0.382

0.0192

0.0144

0.0238

I(1)*

EXR

0

0.0786

0.0132

-

-

-

I(0)*

FOREX

0.003

0.0007

0.0016

-

-

-

I(0)*