Table 2 Unit root test Variable At level...

Table 2

Unit root test

Variable	At level and intercept			At 1st diff. and intercept
Variable	t-statistic	p-value	Result	t-statistic	p-value	Result
REM	−2.139142	0.5022	nonstationary	−5.35987	0.0001	stationary

Variable	At level and intercept	At 1st diff. and intercept
REM	−2.139142	0.5022	nonstationary	−5.35987	0.0001	stationary

Source(s): Authors calculation via EViews 13 software

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