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Table 5 Results unit root test results

From: An empirical study on the determinants of health care expenses in emerging economies

CIPS test

 

CADF test

 
 

Levels

 

∆

 

Levels

 

∆

 

Variables

Statistics

P-value

Statistics

P-value

Statistics

P-value

Statistics

P-value

lnPHCE

− 2.002

0.624

−3.923

0.005**

−1.412

0.929

−2.986

0.000***

lnOOP

− 2.16

0.432

−3.782

0.000***

−1.701

0.569

− 2.799

0.000***

lnPOP

−2.662

0.546

−2.137

0.005**

−1.651

0.656

−2.799

0.008**

lnAGRIC

−3.392

0.052*

−4.198

0.001***

−2.282

0.007**

−2.391

0.020**

lnIND

−1.369

0.876

−2.835

0.031**

−1.304

0.975

−2.372

0.023**

lnGDP

−2.614

0.065*

−3.504

0.002***

−1.718

0.539

−2.366

0.002***

lnTec

−2.522

0.021**

−4.114

0.001***

−2.455

0.001***

−2.274

0.008**

  1. ∆ denotes first difference, *,**,** and * represent 10, 5 and 1% level of significances respectively