Italy

Germany

Canada

GDP

Sales

ΔGDP

ΔSales

GDP

Sales

Obs.

(1981.1-2007.1)

(1991.1-2008.1)

(1990.2-2008.1)

No. of Breaks

2

2

0

0

2

2

Break type

BC

BB

N/A

N/A

AB

CB

TB1

1991.3

1991.3

1998.2

1995.4

TB2

2003.1

2003.3

2007.3

2002.1

Level of Significance (τ)

**

**

***

***

***

***

Data type

NSA

NSA

NSA

NSA

SA

SA