| Variable | ADF value of original sequence | P value of original sequence | ADF value of first difference | P value of first difference | Conclusion |
| LnEUA | −2.283201 | 0.1792 | −8.186274 | 0.0000 | I (1) |
| LnECOI | −2.248668 | 0.1906 | −4.697101 | 0.0002 | I (1) |
| LnCOAL | −2.256970 | 0.1878 | −5.989244 | 0.0000 | I (1) |
| LnGAS | −2.753237 | 0.0683 | −10.00783 | 0.0000 | I (1) |
| LnOIL | −1.415176 | 0.5726 | −7.671850 | 0.0000 | I (1) |
| LnPOWER | −2.831189 | 0.0570 | −12.92583 | 0.0000 | I (1) |