Variables

ADF Test

Phillips Perron(PP) Test

Level

First Differences

Level

First Differences

LEMP

−1.5157 (0.5137)

−6.0057* (0.0000)

−1.2776 (0.6285)

−7.5751* (0.0000)

LPRD

−1.0573 (0.7210)

−6.3937* (0.0000)

−0.9628 (0.7552)

−12.2156* (0.0000)

LRWG

−0.8078 (0.8041)

−6.1214* (0.0000)

−0.9167 (0.7706)

−10.0063* (0.0000)

LUEM

−2.1048 (0.2441)

−5.5953* (0.0000)

−0.1718 (0.2197)

−5.7171* (0.0000)

INF

−5.9362* (0.0000)

−5.9474* (0.0000)