Variable

Inspection type

ADF test

value

1% level threshold

5% level threshold

10% level threshold

Conclusion

DLnGDP

(0, 0, 2)

−7.75932

−2.60475

−1.94645

−1.61324

Smooth

DLnCIV

(0, 0, 3)

−8.27376

−2.60342

−1.94625

−1.61335

Smooth