Variable | Include in test equation | Levin, Lin & Chu t | Prob. | ADF-Fisher Chi-square | Prob. | PP-Fisher Chi-square | Prob. |
EC | I & T | −2.60573 | 0.0046 | 39.5307 | 0.9810 | 23.1386 | 1.0000 |
I | −7.09255 | 0.0000 | 78.5148 | 0.0546 | 142.752 | 0.0000 | |
N | 11.8771 | 1.0000 | 10.4238 | 1.0000 | 1.79826 | 1.0000 | |
UR | I & T | −2.63502 | 0.0042 | 57.2499 | 0.5769 | 78.7175 | 0.0529 |
I | 2.18872 | 0.9857 | 20.1766 | 1.0000 | 30.9460 | 0.9993 | |
N | 21.5072 | 1.0000 | 2.98066 | 1.0000 | 1.76700 | 1.0000 | |
PCGDP | I & T | −3.57767 | 0.0002 | 53.9494 | 0.6952 | 81.2655 | 0.0352 |
I | 5.14803 | 1.0000 | 13.8360 | 1.0000 | 6.50901 | 1.0000 | |
N | 13.0678 | 1.0000 | 22.2088 | 1.0000 | 0.53173 | 1.0000 | |
LI | I & T | −3.55884 | 0.0002 | 46.2384 | 0.9041 | 55.6442 | 0.9023 |
I | 2.29149 | 0.9890 | 27.8631 | 0.9999 | 30.0976 | 0.9996 | |
N | −7.69265 | 0.0000 | 120.104 | 0.0000 | 122.932 | 0.0000 | |
UPD | I & T | −18.2379 | 0.0000 | 214.941 | 0.0000 | 329.266 | 0.0000 |
I | 13.9935 | 1.0000 | 21.114 | 1.0000 | 36.696 | 1.0000 | |
N | 0.45457 | 0.6753 | 49.8334 | 0.8224 | 28.3676 | 0.9998 | |
PTI | I & T | 0.76816 | 0.7788 | 21.2371 | 1.0000 | 34.7423 | 0.9963 |
I | 6.11746 | 1.0000 | 22.3497 | 1.0000 | 14.4401 | 1.0000 | |
N | 14.9036 | 1.0000 | 5.93457 | 1.0000 | 6.53393 | 1.0000 | |
PCBE | I & T | −4.89927 | 0.0000 | 70.0775 | 0.3358 | 85.9354 | 0.0157 |
I | 10.4408 | 1.0000 | 2.78305 | 1.0000 | 2.00182 | 1.0000 | |
N | 17.1322 | 1.0000 | 4.52765 | 1.0000 | 0.31215 | 1.0000 | |
| I & T | 23.1644 | 1.0000 | 26.783 | 1.0000 | 32.714 | 1.0000 |
EL | I | 6.11746 | 1.0000 | 22.3497 | 1.0000 | 14.4401 | 1.0000 |
| N | −5.48900 | 0.0000 | 84.6593 | 0.0197 | 121.962 | 0.0000 |