Table 3 Unit root test results ADF... | Emerald Publishing

Table 3

Unit root test results

	ADF	DF-GLS
atms_t	−0.1570176	−1.049643
∆atms_t	−3.786939***	−2.035332**
POS_t	−0.296707	−4.502675***
∆POS_t	−4.4133311***
income_t	−0.668608	−0.901225
∆income_t	−9.575940***	−8.242228***
Edu_t	−6.140575***	−0.667100
∆Edu_t		−11.18810***
Web Pay_t	2.886850	0.393213
∆Web Pay_t	−3.141405***	−2.114250**
Mob Pay_t	−0.862783	−1.444071
∆Mob Pay_t	−5.478756***	−5.125460***
Fin Inclusion_t	0.617462	−5.989056***
∆Fin Inclusion_t	−11.32722***

	ADF	DF-GLS
atms_t	−0.1570176	−1.049643
∆atms_t	−3.786939***	−2.035332**
POS_t	−0.296707	−4.502675***
∆POS_t	−4.4133311***
income_t	−0.668608	−0.901225
∆income_t	−9.575940***	−8.242228***
Edu_t	−6.140575***	−0.667100
∆Edu_t		−11.18810***
Web Pay_t	2.886850	0.393213
∆Web Pay_t	−3.141405***	−2.114250**
Mob Pay_t	−0.862783	−1.444071
∆Mob Pay_t	−5.478756***	−5.125460***
Fin Inclusion_t	0.617462	−5.989056***
∆Fin Inclusion_t	−11.32722***

Note(s): *, ** and ***Indicates significance at 10%, 5% and 1%

∆ Indicates the difference operator

Source(s): Authors