Table I Augmented dickey fuller unit... | Emerald Publishing

Table I

Augmented dickey fuller unit root result

	At levels			At first difference
Variables	Aaa ADF statistics value	5 5% CV	10% CV	AA11AaADF statistics value	5 5% CV	1 11111 10% CV	Order of integration
TAXREV	−2.11341	−3.75974	−3.32497	−4.88642	−3.82897	−3.36298	I(1)
FIDAUD	−2.07682	−3.75974	−3.32497	−3.78230	−3.93316	−3.92003	I(1)
DEKAUD	−2.67648	−3.79117	−3.34225	−3.37219	−3.79117	−3.34225	I(1)
BAKAUD	−1.54085	−3.75974	−3.32497	−6.06201	−3.79117	−3.34225	I(1)

	At levels			At first difference
Variables	AaaADFstatistics value	5 5% CV	10% CV	AA11AaADFstatistics value	5 5% CV	1 1111110% CV	Order of integration
TAXREV	−2.11341	−3.75974	−3.32497	−4.88642	−3.82897	−3.36298	I(1)
FIDAUD	−2.07682	−3.75974	−3.32497	−3.78230	−3.93316	−3.92003	I(1)
DEKAUD	−2.67648	−3.79117	−3.34225	−3.37219	−3.79117	−3.34225	I(1)
BAKAUD	−1.54085	−3.75974	−3.32497	−6.06201	−3.79117	−3.34225	I(1)

Source: Author’s computation, 2017