Null Hypothesis: D (LM2) has a unit root

Exogenous: Constant, Linear Trend

Lag Length: 3 (Automatic—based on AIC, maxlag = 4)

t-Statistic

Prob.*

Augmented Dickey-Fuller test statistic

−4.251920

0.0053

Test critical values:

1% level

−4.046072

5% level

−3.452358

10% level

−3.151673