Description | Differencing | Order of Integration | |||
Levels | First Difference | ||||
t-Value | P-Value | t-Value | P-Value | ||
LuSE Market Cap | −0.8173 | 0.9513 | −5.4614 | 0.0008 | I (1) |
Pension Fund investment | −0.8709 | 0.9451 | −5.2361 | 0.0014 | I (1) |
Test critical values | 1% level | −4.3393 | −4.3506 | ||
5% level | −3.5875 | −3.5950 | |||
10% level | −3.2292 | −3.2334 |