Variables

Augmented Dickey−Fuller

IO

First Difference

No Trend

Trend

LNAG

−6.775719***

−6.797043***

I (1)

LNBM

−6.469992***

−6.390611***

I (1)

LNLIR

−6.123371***

−6.136867***

I (1)

LNGEA

−4.736726***

−4.695988***

I (1)

LNDCP

−6.499886***

−6.451477***

I (1)