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Table 3 Unit root test for the order of integration (ADF and Philips Perron) at Levels with (intercept and trend)

From: The impact of location tax incentives on the growth of rural economy: evidence from Ghana

Variable

ADF Stats

P Value

Lag

PP Stats

P Value

[BW]

CD

−3.17085

0.1059

[2]

1.6609

0.9995

[3]

JBC

−1.921128

0.6240

[1]

−4.712977

0.0027

[3]

INC

−4.399273

0.0062

[0]

−4.400589

0.0062

[2]

TOP

−3.101025

0.1203

[1]

−3.113519

0.1174

[3]

MS

−3.870085

0.0231

[0]

−3.910709

0.0209

[2]

  1. Source Computed using Eviews 9.0 Package