| Variable | ADF Test @ level |
ADF Test @ 1st Difference |
Mackinnon Critical Value | Order of Integration | ||
|---|---|---|---|---|---|---|
| 1% | 5% | 10% | ||||
| DFD | -2.440 | -4.152 | -3.724 | -2.986 | -2.632 | I (1) |
| POP | -0.584 | -3.529 | -4.440 | -3.632 | -3.254 | I (1) |
| ACGSF | -3.878 | -1.252 | -4.498 | -3.658 | -3.268 | I (0) |
| BCRED | 2.649 | -5.648 | -3,724 | -2.986 | -2.632 | I (1) |
| LINTR | -3.821 | -6.376 | -4.440 | -3.632 | -3.254 | I (0) |