variable

LLC

Breitung

Hadri

IPS

Fisher-ADF

Fisher-PP

DEBT

50.2278

(1.0000)

21.3854

(1.0000)

17.3518

(0.0000)

48.3166

(1.0000)

0.08421

(1.0000)

0.00673

(1.0000)

GDP

11.9507

(1.0000)

25.5477

(1.0000)

18.9369

(0.0000)

20.5587

(1.0000)

0.17629

(1.0000)

0.06378

(1.0000)

DEBT1

−4.65128

(0.0000)

5.19503

(1.0000)

13.4961

(0.0000)

1.20637

(0.8862)

67.9805

(0.1309)

83.0896

(0.0109)

GDP1

−10.2409

(0.0000)

3.07149

(0.9989)

14.6247

(0.0000)

−4.47439

(0.0000)

103.240

(0.0001)

147.138

(0.0000)

DEBT2

−36.9755

(0.0000)

2.57261

(0.9950)

29.0206

(0.0000)

−15.1841

(0.0000)

207.638

(0.0000)

298.775

(0.0000)

GDP2

−14.1463

(0.0000)

2.14351

(0.9840)

27.6271

(0.0000)

-6.96789

(0.0000)

137.813

(0.0000)

241.220

(0.0000)