Table 2 Unit root test with and without structural break Pesaran (2007).
Variables | I(0) | I(1) | ||||
|---|---|---|---|---|---|---|
CIPS | M-CIPS | CIPS | M-CIPS | |||
FLFP | −3.023*** | −5.027** | – | – | ||
Digi | −4.011*** | −7.022** | – | – | ||
Edu | −6.041*** | −6.122** | – | – | ||
Fert | −4.057*** | −4.041** | – | – | ||
GDP | −3.025*** | −6.131** | – | – | ||
Bai and Carrion-i-Silvestre (2009) | ||||||
Z | Pm | P | Z | Pm | P | |
FLFP | 0.431 | 1.246 | 16.698 | −3.551 | 15.655*** | 57.022*** |
Digi | 1.168* | 0.764 | 21.041 | −4.088 | 29.044*** | 67.332*** |
Edu | 5.689*** | 0.678 | 17.632 | −2.941 | 12.684*** | 52.074*** |
Fert | 4.320*** | 0.779 | 20.888 | −6.746 | 18.007*** | 81.199*** |
GDP | 0.123 | 1.015 | 10.324 | −3.802 | 11.580*** | 70.557*** |