Table 1: Results of Panel Unit Root Tests 1
Variable |
Constant |
Constant and Trend |
Value of Wheat imports from the United States______________________ |
-2.789(0.003)*** 2 |
-3.015(0.001)*** |
Ratio of import prices between the |
-10.047(0.000)*** |
-8.414(0.000)*** |
Exchange rate between importers |
-2.302 (0.011)*** |
1929(0.973) |
GDP of the importing countries |
-1.995(0.023)** |
1.525(0936) |
Domestic production of Wheat in |
-30.132(0.000)*** |
-23.222(0.000)*** |
Cost Saving of the importing |
-1.636(0.051)** |
-0.088(0.465) |
1Reported values include the test statistic and in parenthesis is the probability for the null hypothesis that
the variable has unit root.
2
***, ** and * indicate significance at the one , five and ten percent level respectively.
35
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