The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
From: How far is FDI relevant to India’s foreign trade growth? An empirical investigation
Variables | Level | First difference | Result | ||
---|---|---|---|---|---|
Intercept | Trend and intercept | Intercept | Trend and intercept | ||
FDI | − 0.047034 [3] (0.9508) | − 2.737981 [2] (0.2246) | − 9.576341 [2] (0.0000) | − 9.598985 [2] (0.0000) | I(1) |
FT | 0.471794 [1] (0.9848) | − 1.971431 [1] (0.6081) | − 12.09500 [0] (0.0001) | − 12.17031 [0] (0.0000) | I(1) |