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Table 4 Unit Root Test For Order of integration: (ADF and PP): at first difference with (intercept and trend)

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

VARS

ADF STATS

P Value

OI LAG

PP STATS

P Value

OI BW

DCD

−10.4876

(0.0000)***

I(1) [0]

−10.9737

(0.000)***

I(1) [1]

DJBC

−12.0446

(0.0000)***

I(1) [1]

−12.1699

(0.000)***

I(1) [2]

DINC

−6.56452

(0.000)***

I(1) [0]

−13.8240

(0.000)***

I(1) [3]

DTOP

−7.19665

0.0000

I(1) [1]

−15.5245

(0.0000)

I(1) [2]

DMS

−7.52739

(0.000)***

I(1) [0]

−10.4504

(0.000)***

I(0) [8]

  1. Source Computed using Eviews 9.0 Package
  2. IO represents order of integration and D denotes first difference. ***, ** and * represent significance at the 1, 5 and 10% levels respectively