Table 2 Outcomes of unit-root test... | Emerald Publishing

Table 2

Outcomes of unit-root test

Variable	ADF	ERS	PP	KSSP
LnGINI	−2.0631	−2.1967	−1.8332	0.1336
LnGDP	0.1493	−0.6511	0.8021	0.2195
LnRMG	−5.1308***	−0.9302	−5.6549***	0.2027
LnREM	−2.3515	−1.7042	−2.2771	0.1123*
∆(LnGINI)	−3.9656**	−4.1145***	−3.9656**	0.1175*
∆(LnGDP)	−5.7513***	−2.8528**	−5.4979***	0.0673*
∆(LnRMG)		−1.4704		0.1588
∆(LnRMG, 2)				0.1028*
∆(LnREM)	−4.4717***	−3.5909**	−4.4715***	–

Variable	ADF	ERS	PP	KSSP
LnGINI	−2.0631	−2.1967	−1.8332	0.1336
LnGDP	0.1493	−0.6511	0.8021	0.2195
LnRMG	−5.1308***	−0.9302	−5.6549***	0.2027
LnREM	−2.3515	−1.7042	−2.2771	0.1123*
∆(LnGINI)	−3.9656**	−4.1145***	−3.9656**	0.1175*
∆(LnGDP)	−5.7513***	−2.8528**	−5.4979***	0.0673*
∆(LnRMG)		−1.4704		0.1588
∆(LnRMG, 2)				0.1028*
∆(LnREM)	−4.4717***	−3.5909**	−4.4715***	–

Note(s): ***p < 0.01, **p < 0.05 and *p < 0.10

Source(s): Created by authors