Skip to main content

The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 3 Results of Phillips–Perron (PP) unit root test.

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)

  1. () MacKinnon (1996) one-sided p values; [] Lag lengths for PP Test; I(1): Stationary after first difference