TEST

Ptd

cmb

jur

uci

slr

ipp

ADF

t-statistic

−2.711528*

−0.666589

−2.321665

−2.803488*

−3.631234*

−2.650261*

p-value

0.2347

0.8490

0.1676

0.2000

0.0326

0.2597

KPSS

LM statistic

0.174206*

0.114257*

0.148539*

0.271630*

0.218900*

0.086862*

Critical Value 1%

0.216000

0.216000

0.216000

0.216000

0.216000

0.216000

Critical Value 5%

0.146000

0.146000

0.146000

0.146000

0.146000

0.146000

Critical Value 10%

0.119000

0.119000

0.119000

0.119000

0.119000

0.119000

ADF (Break)

t-statistic

−2.586509

−2.553750

−3.709575

−2.894235

−1.884412

−2.591340

p-value

0.8737

0.8860

0.2781

0.7417

0.9881

0.8719

ZA

t-statistic

−3.895

−3.069

−2.496

−5.055

−3.527

−2.614

Critical Value 1%

−5.34

−5.34

−5.34

−5.34

−5.34

−5.34

Critical Value 5%

−4.80

−4.80

−4.80

−4.80

−4.80

−4.80

Critical Value 10%

−4.58

−4.58

−4.58

−4.58

−4.58

−4.58