Determinants³

ADF² Test statistics

Level (constant, no trend)

First difference (constant, no trend)

Domestic rice price

−1.5912

−11.2017***

Domestic rice production

−1.8456

−9.1993***

Rice consumption

−3.3684

−5.6148***

Exchange rate

−1.9415

−8.6634***

Fuel price

−1.6738

−7.4137***

Interest rates

−2.0451

−4.1535***

Per capita income

−4.5233

−9.8903***

Rainfall

−2.3053

−5.8192***

World rice price

−2.9803

−8.7141***

Rice import

−2.6631

−6.4279***

Consumer price index (CPI)

−1.7063

−7.6360***