Variable

ADF Stat.

C.V at 1%

C.V at 5%

C.V at 10%

P-Value

T.C

lnDEx

−0.964937

−2.641672

−1.952066

−1.610400

0.2917

I (1)

lnFDI

−1.052329

−2.641672

−1.952066

−1.610400

0.2576

I (1)

lnGDP

−3.591700

−2.641672

−1.952066

−1.610400

0.4460

I (1)

lnDPx

0.080500

−2.641672

−1.952066

−1.610400

0.7010

I (1)

lnREER

−1.865133

−2.644302

−1.952473

−1.610211

0.0601

I (1)

lnINFRATE

−0.994658

−2.641672

−1.952066

−1.610400

0.2799

I (1)

D( lnDEx )

−5.482075

−2.644302

−1.952473

−1.610211

0.0000

I (0)

D(lnFDI)

−6.567363

−2.644302

−1.952473

−1.610211

0.0000

I (0)

D( lnGDP)

−6.735390

−2.644302

−1.952473

−1.610211

0.0000

I (0)

D(lnDPx)

−5.494568

−2.647120

−1.952910

−1.610011

0.0000

I (0)

D(lnREER)

−2.388794

−2.644302

−1.952473

−1.610211

0.0187

I (0)

D(InINFRATE)

−6.282966

−2.644302

−1.952473

−1.610211

0.0000

I (0)