| Series | Test type (c,t,k) | ADFvalue | 5% significant level | 10% significant level | Conclusion |
| lnSbank | (c,0,0) | 0.211663 | −3.081002 | −2.681330 | not significant |
| dlnSbank | (c,n,0) | −3.465510 | −3.098896 | −2.690439 | significant |
| lnFsize | (c,0,0) | −1.956575 | −3.759743 | −3.324976 | not significant |
| dlnFsize | (c,n,1) | −4.117487 | −3.828975 | −3.362984 | significant |
| lnHgdp | (c,0,0) | −2.900658 | −3.875302 | −3.388330 | not significant |
| dlnHgdp | (c,0,1) | −4.073264 | −1.974028 | −1.602922 | significant |