Table 2. Unit root test result Variables... | Emerald Publishing

Table 2.

Unit root test result

Variables	ADF statistics	Critical values	Order of integration	PP statistics	Critical values	Order of integration
EMP	−3.3155	−2.9763	I(1)	*−1.8815	−1.9534	I(1)
PGR	*−1.7341	−1.955	1(1)	−2.0567	−1.9539	1(1)
EYS	−5.9473	−2.9763	I(1)	−5.9474	−2.9763	I(1)
MW	−4.2521	−2.9763	I(1)	−4.2521	−2.9763	I(1)

Variables	ADF statistics	Critical values	Order ofintegration	PP statistics	Criticalvalues	Order ofintegration
EMP	−3.3155	−2.9763	I(1)	*−1.8815	−1.9534	I(1)
PGR	*−1.7341	−1.955	1(1)	−2.0567	−1.9539	1(1)
EYS	−5.9473	−2.9763	I(1)	−5.9474	−2.9763	I(1)
MW	−4.2521	−2.9763	I(1)	−4.2521	−2.9763	I(1)

Source: Authors’ computation.

*

Indicates statistical significance level at 10%