Working Paper Series: Special Edition of 2016 to 2018 Interns

Table 3: Panel Unit Root Results

Levin, Lin and Chu T

Im, Pesaran and Shin W-Stat

ADF-Fisher Chi- square

PP- Fisher Chi- square

Variable

RGDP

-5.22468 (0.000) -7.10867 (0.000) -1.76593 (0.0387) -4.50087 (0.000) -5.40924 (0.000) -6.15073 (0.000) -0.66709 (0.2524)

-5.33627 (0.000) -8.36251 (0.000) -4.24194 (0.000) -4.35778 (0.000) -5.43137 (0.000) -9.86535 (0.000) -6.50228 (0.000)

60.5200 (0.000) 97.7632 (0.000) 49.6725 (0.000) 48.7592 (0.000) 59.0105 (0.000) 97.2267 (0.000) 54.8399 (0.000)

115.398 (0.000) 191.914 (0.000) 100.755 (0.000) 50.9485 (0.000) 99.7135 (0.000) 148.648 (0.000) 108.128 (0.000)

D(GC)

POP

FDI

USGDP

ND1

ND2

176

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