Endogenous Determination of FDI Growth and Economic Growth:The OECD Case

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 (Null Hypothesis: Unit Root)	-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 (Null Hypothesis: Unit Root)	-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 (Null Hypothesis: Unit Root)	-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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