Null Hypothesis: LCIC has a unit root

Exogenous: Constant, Linear Trend

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

t-Statistic

Prob.*

Augmented Dickey-Fuller test statistic

−0.530218

0.9807

Test critical values:

1% level

−4.046072

5% level

−3.452358

10% level

−3.151673

Null Hypothesis: D (LCIC) 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

−5.076255

0.0003

Test critical values:

1% level

−4.046072

5% level

−3.452358

10% level

−3.151673