Variables | Test statistics | Critical value | Order of Integration | ||
1% | 5% | 10% | |||
RGDP | −6.493484 | −3.632900 | −2.948404 | −2.612874 | I(1)*** |
ESR | −5.943360 | −3.632900 | −2.948404 | −2.612874 | I(1)*** |
FSR | −4.396111 | −3.632900 | −2.948404 | −2.612874 | I(1)** |
ICTSR | −4.093285 | −3.626784 | −2.945842 | −2.611531 | I(0)** |