Variable

Symbol

difference

Dickey Fuller

result

Intercept

Profitability

PROF

level

−5.00

I(0)

Premium of life insurance

PLI

level

−3.42

I(1)

First level

−4.84

Premium of non-life insurance

PNLI

level

−1.05

I(1)

First level

−7.39

Gross Domestic Product

GDP

level

−2.16

I(1)

First level

−5.31

Inflation

INF

level

−3.03

I(1)