Inspection form

ADF statistics

Critical value

Conclusion

The value of P

(c t 1)

−4.788251

−3.710482

First order differential stability

0.0074

(c t 1)

−6.002737

−3.710482

First order differential stability

0.0009

(c t 1)

−4.846970

−3.690814

First order differential stability

0.0060

(c t 2)

−5.214174

−3.710482

Two order differential stability

0.0034

(c t 2)

−4.155943

−3.759743

Two order differential stability

0.0260

(c t 1)

−4.913629

−3.690814

First order differential stability

0.0053