Annex C
Table C.1: Unit Root Test Results for gFDI
|
Method |
Statistics |
Probability |
|
Levin, Lin&Chu (Null Hypothesis: Unit Root) |
-5.64182 |
0.0000 |
|
Im, Pesaran and Shin W-stat |
-9.05500 |
0.0000 |
|
ADF - Fisher Chi-square (Null Hypothesis: Unit Root) |
179.043 |
0.0000 |
|
PP - Fisher Chi-square (Null Hypothesis: Unit Root) |
366.293 |
0.0000 |
|
Hadri Z-stat (Null Hypothesis: No Unit Root) |
-0.18945 |
0.5751 |
Table C.2: Unit Root Test Results for gY
|
Method |
Statistics |
Probability |
|
Levin, Lin&Chu (Null Hypothesis: Unit Root) |
-4.83151 |
0.0000 |
|
Im, Pesaran and Shin W-stat |
-9.57166 |
0.0000 |
|
ADF - Fisher Chi-square (Null Hypothesis: Unit Root) |
179.632 |
0.0000 |
|
PP - Fisher Chi-square (Null Hypothesis: Unit Root) |
262.024 |
0.0000 |
|
Hadri Z-stat (Null Hypothesis: No Unit Root) |
0.43079 |
0.3333 |
Table C.3: Unit Root Test Results for gX
|
Method |
Statistics |
Probability |
|
Levin, Lin&Chu (Null Hypothesis: Unit Root) |
-7.34907 |
0.0000 |
|
Im, Pesaran and Shin W-stat |
-11.8374 |
0.0000 |
|
ADF - Fisher Chi-square (Null Hypothesis: Unit Root) |
226.190 |
0.0000 |
|
PP - Fisher Chi-square (Null Hypothesis: Unit Root) |
349.215 |
0.0000 |
|
Hadri Z-stat (Null Hypothesis: No Unit Root) |
-0.18645 |
0.5740 |
22
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