Monetary shocks and production network in the G7 countries

Journal of Economic Structures

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

Table 3 Results of panel unit root tests.

Variable	Breitung unit root test		Im–Pesaran–Shin unit root test
Variable	Statistic (constant and trend) (no lag) data in level	Statistic (constant and trend) (one lag) data in level	Statistic for data in the first difference
ir1	− 0.1703	− 0.8892	− 6.2170*
ir2	− 0.1934	− 0.9458	− 5.9934*
\({\text{up}}^{{\text{total}}}\)	− 0.0226	− 0.0522	− 3.5900*
\({\text{up}}^{{\text{construction}}}\)	0.9572	1.0230	− 3.0416*
\({\text{up}}^{{\text{fin}}}\)	− 0.5906	− 0.7778	− 3.5677*
\({\text{up}}^{{\text{ins}}}\)	− 0.0453	− 0.5564	− 4.0023*
\({\text{up}}^{{\text{estate}}}\)	− 0.0676	− 0.9084	− 4.5332*
\({\text{down}}^{{\text{total}}}\)	0.8874	1.0768	− 3.9987*
\({\text{down}}^{{\text{construction}}}\)	0.3324	0.6675	− 4.0336*
\({\text{down}}^{{\text{fin}}}\)	0.2286	0.5634	− 4.1149*
\({\text{down}}^{{\text{ins}}}\)	0.0153	0.2946	− 4.2276*
\({\text{down}}^{{\text{estate}}}\)	0.0785	0.3328	− 3.7865*