Table 3 ADF, DF-GLS, P-P unit root tests.
Log levels | Log 1st difference | |||||
|---|---|---|---|---|---|---|
Variables | ADF | DF-GLS | P-P | ADF | DF-GLS | P-P |
LCO2 | −4.103*** | −0.813 | −4.805*** | −0.167 | −4.752*** | −4.937*** |
LEG | −0.940 | 1.206 | −0.929 | −5.263*** | −4.205*** | −5.257*** |
LTON | −1.413 | −1.165 | −1.687 | −3.372** | −3.431*** | −3.402** |
ICT | −0.2080 | −0.544 | −0.035 | −3.174** | −3.083*** | −3.173** |
LTIN | −2.904* | −2.279** | −2.611 | −13.665*** | −0.883*** | −13.665*** |