Variables

At Level

At First Difference

No Intercept, No Trend

Intercept, No Trend

Intercept, Trend

No Intercept, No Trend

Intercept, No Trend

Intercept, Trend

Remarks

CG

1.78230

−0.15063

−2.74350

−2.72500

−3.58030

−3.51040

I(1)

EC

2.86850

1.79060

−0.17108

−1.16670

−1.74360

−2.21450

I(1)

LL

0.81650

0.17310

−1.51470

−3.60560

−3.93510

−4.32620

I(1)

IR

0.93831

−0.47173

−1.87810

−3.60560

−4.29200

−4.19340

I(1)

COM

1.03240

−0.57934

−3.57830

−3.60560

−4.29200

−4.19340

I(1)

EF

1.11630

−0.00000

−1.96380

−2.54960

−2.92170

−2.88860

I(1)

PRIV

0.43004

−1.81300

−1.29750

−3.60560

−3.98860

−4.39630

I(1)

COMP

0.43916

−1.74190

−1.40240

−3.60560

−3.98860

−4.32100

I(1)

Critical Values

−2.96650

−3.57310

−2.97060

−3.57960