Table 2.

Unit root test

Variable/specificationLevels1st difference
IncludingADFPPADFPP
Log marine trade balanceC−0.7718−0.3314−5.0824***−17.972***
Log fish productionT&C−2.5232−2.6054−6.2456***−6.5689***
Financial development indexT&C−2.1539−2.2423−5.5356***−5.5765***
Trade opennessC−1.1033−1.1033−6.0159***−6.4188***
Gross fixed capital formationT&C−2.1743−1.9249−3.9456**−5.3157***
Log FDIT&C−2.6497−1.9627−3.6908**−3.7191**

Notes:

* at p < 0.10; **at p < 0.05; *** at p < 0.01

Source: E-Views Version 11 output

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