Table 1 Result of Unit Root Test (ADF test statistics)
From: Causality between bank’s major activities and economic growth: evidences from Pakistan
Bank deposits | GDP | Bank’s credit | ||||
|---|---|---|---|---|---|---|
At Level | At First Difference | At Level | At First Difference | At Level | At First Difference | |
Constant | −3.18 (0.0270) | −5.48 (0.0000) | −5.49 (0.0000) | −8.21 (0.0000) | −3.34 (0.0181) | −5.56 (0.0000) |
Constant and Trend | −4.20 (0.0086) | −5.62 (0.0001) | −6.31 (0.0000) | −8.11 (0.0000) | −3.04 (0.1314) | −5.79 (0.0001) |
None | 0.51 (0.8237) | −5.43 (0.0000) | −1.13 (0.2282) | −8.28 (0.0000) | −0.17 (0.6200) | −5.63 (0.0000) |