Table 4 Unit root results Level First... | Emerald Publishing

Table 4

Unit root results

	Level								First difference
	ADF test				PP test				ADF test				PP test
	GDP	FDI	EXP	Imp	GDP	FDI	EXP	Imp	GDP	FDI	EXP	Imp	GDP	FDI	EXP	Imp
India	1.91	−0.32	0.47	0.15	1.69	−0.54	0.64	0.23	−4.38	−5.47	−3.89	−2.05	−5.24	−5.45	−3.88	−2.45
Bangladesh	10.12	0.54	3.44	3.52	9.67	0.70	3.23	3.38	−0.91	−2.16	−3.54	−4.85	−2.71	−2.70	−5.64	−6.06
Nepal	2.66	−0.45	−0.47	3.56	2.58	−0.68	−0.63	−0.56	−4.00	−7.75	−4.92	0.81	−5.04	−7.75	−4.86	−5.35
Bhutan	1.07	−3.61	0.08	−0.25	0.98	−3.02	−3.67	0.19	−4.68	−5.82	−3.60	−4.91	−5.07	−6.21	−3.58	−4.82
Myanmar	−0.24	−2.14	1.85	0.08	−0.39	−1.97	1.59	0.14	−2.97	−2.05	−6.67	−5.01	−2.80	−2.11	−5.67	−5.51
Thailand	0.55	−4.04	0.35	−0.40	0.49	−3.95	0.42	−52.00	−3.18	−7.34	−4.62	−4.73	−3.49	−4.83	−4.62	−4.64
Sri Lanka	−1.87	0.72	1.93	−0.34	−1.57	0.72	2.02	−0.35	−3.02	−4.87	−1.94	−5.69	−2.84	−5.08	−5.72	−5.74

	Level								First difference
	ADF test				PP test				ADF test				PP test
	GDP	FDI	EXP	Imp	GDP	FDI	EXP	Imp	GDP	FDI	EXP	Imp	GDP	FDI	EXP	Imp
India	1.91	−0.32	0.47	0.15	1.69	−0.54	0.64	0.23	−4.38	−5.47	−3.89	−2.05	−5.24	−5.45	−3.88	−2.45
Bangladesh	10.12	0.54	3.44	3.52	9.67	0.70	3.23	3.38	−0.91	−2.16	−3.54	−4.85	−2.71	−2.70	−5.64	−6.06
Nepal	2.66	−0.45	−0.47	3.56	2.58	−0.68	−0.63	−0.56	−4.00	−7.75	−4.92	0.81	−5.04	−7.75	−4.86	−5.35
Bhutan	1.07	−3.61	0.08	−0.25	0.98	−3.02	−3.67	0.19	−4.68	−5.82	−3.60	−4.91	−5.07	−6.21	−3.58	−4.82
Myanmar	−0.24	−2.14	1.85	0.08	−0.39	−1.97	1.59	0.14	−2.97	−2.05	−6.67	−5.01	−2.80	−2.11	−5.67	−5.51
Thailand	0.55	−4.04	0.35	−0.40	0.49	−3.95	0.42	−52.00	−3.18	−7.34	−4.62	−4.73	−3.49	−4.83	−4.62	−4.64
Sri Lanka	−1.87	0.72	1.93	−0.34	−1.57	0.72	2.02	−0.35	−3.02	−4.87	−1.94	−5.69	−2.84	−5.08	−5.72	−5.74

Note(s): * indicates the significance at 5% level of significance

Source(s): The authors