Panel unit-root test (LLC)
| Levin-Lin-Chu (LLC) unit-root test | ||
|---|---|---|
| Adjusted t stat | p-value | |
| FINV | −5.2081 | 0.0000 |
| ENVS | −13.0291 | 0.0000 |
| HR | −2.4937 | 0.0063 |
| AT_RES | 2.0618 | 0.9804 |
| FIN_S | −10.5612 | 0.0000 |
| U_I_TECH | −0.3491 | 0.3635 |
| INNOV | 2.7449 | 0.9970 |
| LINK | −4.6541 | 0.0000 |
| INTEL_A | −9.3859 | 0.0000 |
| EMPL_I | −1.6787 | 0.0466 |
| Levin-Lin-Chu (LLC) unit-root test | ||
|---|---|---|
| Adjusted | ||
| FINV | −5.2081 | 0.0000 |
| ENVS | −13.0291 | 0.0000 |
| HR | −2.4937 | 0.0063 |
| AT_RES | 2.0618 | 0.9804 |
| FIN_S | −10.5612 | 0.0000 |
| U_I_TECH | −0.3491 | 0.3635 |
| INNOV | 2.7449 | 0.9970 |
| LINK | −4.6541 | 0.0000 |
| INTEL_A | −9.3859 | 0.0000 |
| EMPL_I | −1.6787 | 0.0466 |
Source(s): Authors’ research in Stata 18
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