Table 3 Findings of panel unit root... | Emerald Publishing

Table 3

Findings of panel unit root tests

		RSUI	GDP%
Level
Pesaran (2007)	t-bar	−1.546	−0.378
Im et al. (2003)	t-bar	−2.863	−1.784
First difference
Pesaran (2007)	t-bar	−7.251*	−5.493*
Im et al. (2003)	t-bar	−12.230*	−11.563*

Note(s): *Shows significant at the 1% level