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 | − 2.272225 [3] (0.1833) | − 4.771338 [5] (0.0856) | − 23.66715 [17] (0.0001) | − 24.78887 [18] (0.0001) | I(1) |
FT | 0.369675 [3] (0.9805) | − 2.129533 [1] (0.5220) | − 11.94672 [2] (0.0001) | − 12.03251 [2] (0.0000) | I(1) |