Table 2 Unit root tests ADF test PP-test... | Emerald Publishing

Table 2

Unit root tests

	ADF test			PP-test
	None	Constant	Constant and trend	None	Constant	Constant and trend
BRAZ	−66.352	−66.39	−66.388	−66.287	−66.3303	−66.328
MEXI	−47.81	−47.844	−47.84	−60.31	−60.3353	−60.329
CHIL	−57.259	−57.34	−57.336	−56.931	−56.9878	−56.982
PERU	−29.73	−29.818	−29.833	−57.468	−57.2741	−57.259
GOLD	−66.741	−66.801	−66.811	−66.743	−66.8028	−66.8142

	ADF test			PP-test
	None	Constant	Constant and trend	None	Constant	Constant and trend
BRAZ	−66.352	−66.39	−66.388	−66.287	−66.3303	−66.328
MEXI	−47.81	−47.844	−47.84	−60.31	−60.3353	−60.329
CHIL	−57.259	−57.34	−57.336	−56.931	−56.9878	−56.982
PERU	−29.73	−29.818	−29.833	−57.468	−57.2741	−57.259
GOLD	−66.741	−66.801	−66.811	−66.743	−66.8028	−66.8142

Note(s): “ADF-Augmented Dickey–Fuller test. PP test-Phillips–Perron test. BRAZ, Brazil; CHIL, Chile; MEXI, Mexico”

Source(s): Own elaboration