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Table 4 Unit root tests

From: Determinants of private sector credit in Uganda: the role of mobile money

 

Levels

First difference

ADF

PP

ADF

PP

Order of integration

LMMB

-0.021

-1.877

-9.201a

-14.299a

I(1)

LPSC

-2.049

-1.681

-6.709a

-7.099a

I(1)

LCPI

-0.601

-0.672

-6.588a

-9.236a

I(1)

LR

-0.005

-0.040

-9.929a

-9.891a

I(1)

LEXRT

-1.103

-1.482

-5.372a

-5.524a

I(1)

  1. Notes: The superscript a denote rejection of the hypothesis of a unit root at 1% significance level
  2. Source: Authors’ computations