| Variables |
Panel A: Level |
Panel B: 1 st difference |
Results |
|
|
Actual value |
Actual value |
|
| UE |
−1.955 |
−5.522*** |
I(1) |
| FDI |
−2.037 |
−6.267*** |
I(1) |
| EXP |
−3.045** |
−4.694 |
I(0) |
| REMT |
−1.338 |
−4.523*** |
I(1) |