Variables

Level

1^st Difference

Intercept but no trend

Intercept and trend

Intercept but no trend

Intercept and trend

Test Statistics

Critical Value (5%)

Prob.

Test Statistics

Critical Value (5%)

Prob.

Test Statistics

Critical Value (5%)

Prob.

Test Statistics

Critical Value (5%)

Prob.

LFDI

−1.281

−2.875

0.639

−7.407

−3.431

0.000

−8.153

−2.875

0.000

−8.201

−3.432

0.000

LCPI

−6.463

−2.875

0.000

−6.484

−3.431

0.000

−8.875

−2.875

0.0000

−8.853

−3.431

0.0000

LXR

−2.291

−2.875

0.176

−2.695

−3.431

0.239

−12.850

−2.875

0.0000

−12.812

−3.431

0.0010

LTWSE

−3.777

−2.875

0.003

−3.931

−3.431

0.012

−6.123

−2.875

0.000

−6.105

−3.431

0.000

LIMP

−3.622

−2.875

0.006

−4.335

−3..432

0.003

−3.505

−2..875

0.008

−3.494

−3.432

0.0423

LBIT

−2.185

−2.875

0.213

−2.194

−3.432

0.490

−24.617

−2..875

0.000

−24.591

−3.432

0.000