Phillips Perron Unit Root Test | ||||
At Level | ||||
Variable | Intercept | Prob | Intercept & Trend | Prob |
RGDP | 0.275361 | 0.9738 | −1.81630 | 0.6770 |
TFD | −1.180855 | 0.6727 | −0.945547 | 0.9398 |
TO | −2.733641 | 0.0778 | −2.591570 | 0.2860 |
FD | −1.483805 | 0.5309 | −2.103307 | 0.5275 |
IR | −1.966246 | 0.2999 | −1.877135 | 0.6466 |
INF | −4.429168 | 0.0011* | −4.356661 | 0.0071* |
EX | 2.027548 | 0.9998 | 0.225796 | 0.9974 |
At 1st Difference | ||||
RGDP | −3.167185 | 0.0302* | −3.183093 | 0.1034 |
TFD | −4.078261 | 0.0030* | −4.114356 | 0.0132* |
TO | −4.687190 | 0.0006* | −4.802858 | 0.0023* |
FD | −4.818313 | 0.0004* | −4.758557 | 0.0025* |
IR | −6.598021 | 0.0000* | −6.493151 | 0.0000* |
INF | −11.63220 | 0.0000* | −11.46865 | 0.0000* |
EX | −4.684563 | 0.0006* | −5.089357 | 0.0011* |