Variable

Degree of tests

Type of test

No constant and no trend

With constant and without trend

With constant and trend

Critical value at 5% threshold

Stat of test

Decision

lnTP

In level

ADF

No

No

No

−2.963972

−1.380907

I (1)

PP

No

No

No

−2.963972

−1.481806

In difference

ADF

Yes

Yes

Yes

−2.967767

−4.272366

PP

Yes

Yes

Yes

−2.967767

−4.273005

lnFBCA

En niveau

ADF

Yes

Yes

Yes

−2.963972

−4.590814

I (0)

PP

Yes

Yes

Yes

−2.963972

−4.581936

In difference

ADF

Yes

Yes

Yes

−2.967767

−9.063324

PP

Yes

Yes

Yes

−2.967767

−19.74902

lnPIBH

In level

ADF

No

No

No

−2.963972

−1.570191

I (1)

PP

No

No

No

−2.963972

−1.658189

In difference

ADF

Oui

Oui

Oui

−2.967767

−4.439811

PP

Oui

Oui

Oui

−2.967767

−4.426677

lnAPD

En niveau

ADF

Oui

Oui

Oui

−2.963972

−3.644617

I (0)

PP

Oui

Oui

Oui

−2.963972

−3.662852

In difference

ADF

Oui

Oui

Oui

−2.967767

−8.258161

PP

Oui

Oui

Oui

−2.967767

−9.357489

lnIPC

In level

ADF

Non

Non

Non

−2.991878

−1.353113

I (1)

PP

Non

Non

Non

−2.963972

−2.484830

In difference

ADF

Oui

Oui

Oui

−2.986225

−3.952360

PP

Oui

Oui

Oui

−2.967767

−4.247175