At Level

At First Difference

Variables

ADF statistics

1% critical value

5% critical value

ADF statistics

1% critical value

5% critical value

Order of integration

ACE

−4.299301*

−3.610453

−2.938987

---

---

---

I(0)

ARE

−0.556498

−3.615588

−2.941145

−14.92359*

−3.615588

−2.941145

I(1)

AVAT

−0.844933

−3.610453

−2.938987

−7.338665*

−3.615588

−2.941145

I(1)

ACIT

−6.171221*

−3.610453

−2.938987

---

---

---

I(0)

ACED

−1.146373

−3.610453

−2.938987

−6.912892*

−3.615588

−2.941145

I(1)

APPT

−1.238224

−3.615588

−2.941145

−8.759685*

−3.615588

−2.941145

I(1)