Table 3 Results of unit root (ADF-Fisher) test for each variable.
LNCCE | LNER | LNCTI | |
|---|---|---|---|
Inverse chi-squared P | 7799.645*** | 7934.979*** | 7217.190*** |
Inverse normal Z | –7.296*** | –17.622*** | –9.952*** |
Inverse logit t I* | –22.278*** | –27.893*** | –20.466*** |
Modified inv. chi-squared Pm | 31.397*** | 32.787*** | 25.416*** |
Results | Stationary | Stationary | Stationary |