Variables

Level

First difference

Int.

Trend & Int.

None

Int.

Trend & Int.

None

RGDP

−4.4013*

−0.6785*

−5.56745

−5.3078*

−5.27619*

−5.38893*

BP

−3.29447

−3.12974

−0.35144

−4.1714*

−4.51762*

−4.23127*

INF

−4.71932*

−4.54437*

−2.62926*

−6.8850*

−6.92118*

−6.92368*

GC

−1.46177

−1.71805

−0.09444

−5.74061*

−5.67153*

−5.82028*

IGDP

−2.67302

−3.44204

−0.10027

−6.35930*

−6.62218*

−6.45390*

IR

−3.38528

−3.62823

−1.07569

−8.48340*

−8.39647*

−8.62081*