Table 2 Perron–Vogelsang test with one Endogenous Structural Break
From: Does financial depth impact economic growth in North Cyprus?
Variables | Perron–Vogelsang test with one Endogenous Structural Break | ||||
|---|---|---|---|---|---|
AO -model | TB1 | IO-model | TB1 | Result | |
t-Statistics | t-Statistics | ||||
ln DEPt | −2.667 | Jan 2008 | −1.522 | Jan 2001 | I (0) |
ln GNPpt | −2.757 | Jan 2009 | −2.627 | Oct 2001 | I (0) |
INFt | −1.131 | July 1993 | −2.924 | Oct 1993 | I (0) |
First Difference | |||||
Dln DEPt | −5.996a | April 1981 | −5.398a | Oct 2007 | I (1) |
Dln GNPpt | −5.172a | July 1989 | −6.315a | Oct 1993 | I (1) |
D INFt | −4.664a | Oct 1993 | −7.855a | Oct 1993 | I (1) |