LLC | IPS | |||||
Variables | With Trend | With Constant | No constant | With Trend | With Trend | Decision |
Cc | −5.08244*** | −4.11829*** | 0.41559 | −2.98932*** | −2.41417** | I(0) |
Fbcf | −5.45003*** | −6.65156*** | −8.59600*** | −3.13796*** | −3.42222*** | I(0) |
Eg | −8.58271*** | −1.7214** | 0.49012 | −6.81131*** | −1.36825 | I(0) |
Ide | −3.17300*** | −3.26317*** | −3.13072*** | −2.58521** | −2.04856** | I(0) |
Sp | −2.58917** | −0.45322 | −3.29195*** | −3.5465*** | −3.71901*** | I(0)/ I(1) |
Qr | −1.34365 | −1.81046** | 0.38983 | −3.34908*** | −1.08426 | I(0)/ I(1) |
Rl | −0.73181 | −3.09459** | −1.42030 | −2.92587** | −2.26835** | I(0)/ I(1) |
Go to | −4.54152*** | −3.69064*** | 0.67671 | −2.92266** | −2.17987** | I(0) |
GDP | −1.61720 | −3.65175*** | −0.74851 | −4.27690*** | −2.73947*** | I(1)/I(2) |
Popact | 66.5460 | 80.7484 | −2.37867** | −0.19615 | 3.85631 | I(2) |