A Common Unit Root Is Assumed

An Individual Unit Root Is Assumed

Prueba

Levin, Lin & Chu t*

Breitung

t-stat

Im, Pesaran and Shin

W-stat

ADF-Fisher

Chi-square

PP-Fisher Chi-square

Ln (deflactor)

Statistic

−3.49603

−3.97062

−1.2286

126.36

259.403

Prob.**

0.0002

0

0.1096

0

0

Ln (tao)

Statistic

3.81365

−6.09313

−5.14049

123.466

110.279

Prob.**

0.9999

0

0

0

0

Ln (lambda)

Statistic

0.96041

−2.48024

1.4689

50.0037

77.9399

Prob.**

0.8316

0.0066

0.9291

0.8178

0.0597

Ln (deflactor USA)

Statistic

5.19499

−5.37324

5.31662

9.20578

63.9513

Prob.**

1

0

1

1

0.3396

Dif_i_inflations

Statistic

0.02304

−15.9809

−13.4669

292.865

231.086

Prob.**

0.5092

0

0

0

0