Table 3 The outcome of the CADF and CIPS Unit Root Tests.
Variables | CADF | CIPS | ||
|---|---|---|---|---|
Level | 1st Difference | Level | 1st Difference | |
FS | −2.213 (0.151) | −4.699 (0.000)*** | −3.155 (0.000)*** | −5.974 (0.000)*** |
Climate | −1.063 (0.192) | −5.446 (0.000)*** | −2.114 (0.082)* | −5.190 (0.000)*** |
RE | −1.069 (0.955) | −3.139 (0.001)*** | −1.417 (0.358) | −5.224 (0.000)*** |
AgriC | −1.521 (0.731) | −3.225 (0.000)*** | −1.556 (0.457) | −4.723 (0.000)*** |
Inf | −1.777 (0.503) | −3.832 (0.000)*** | −1.773 (0.345) | −4.221 (0.000)*** |
Pop | −1.258 (0.301) | −2.382 (0.076)* | −1.358 (0.242) | −2.516 (0.381) |