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Table 3 Unit root test results

From: The impact of macroeconomic factors on food price inflation: an evidence from India

Variables

ADF

PP

At Level

First difference

At Level

First difference

FP

−0.163

(0.993)

−9.152***

(0.000)

−0.010

(0.995)

−8.907***

(0.000)

Y

−2.579

(0.290)

−12.422 ***

(0.000)

−2.715

(0.232)

−12.422***

(0.000)

MS

−2.097

(0.543)

−15.691***

(0.000)

−2.236

(0.465)

−15.996***

(0.000)

EX

−2.528

(0.314)

−10.756***

(0.000)

−2.528

(0.314)

−10.643***

(0.000)

GF

−3.271

(0.075)

−8.476***

(0.000)

−2.738

(0.222)

−8.648***

(0.000)

NFG

−2.704

(0.236)

−2.223***

(0.025)

−2.268

(0.448)

−3.303 ***

(0.001)

AW

−0.516

(0.981)

−17.154***

(0.000)

−0.789

(0.963)

−17.781***

(0.000)

  1. *, ** and *** indicate significance at the 10%, 5% and 1% levels, respectively. Source: Authors’ estimations