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Table 1 Stationarity tests: unit root tests

From: Impact of petroleum and non-petroleum indices on financial development in Oman

Variables

ADF

P-value (Decision)

PP

P-value (Decision)

Decision

Level

 DC.

0.750191

0.9918

0.513399

0.985

Non-stationary

 OIR.

−2.99694

0.044

−2.61958

0.0977

stationary I(0)

 AGRI.

− 1.64855

0.4488

− 1.72099

0.4131

Non-stationary

 SERVE.

−1.99213

0.289

−2.16291

0.2225

Non-stationary

 INDUST.

−1.83911

0.3567

−1.84986

0.3517

Non-stationary

First Differences

 DC.

−4.71035

0.0005

−4.60446

0.0007(stationary)

stationary I(1)

 OIR.

–

–

–

–

 

 AGRI.

−5.2516

0.0001

− 5.24289

0.0001

stationary I(1)

 SERVE.

−5.97157

0.0000

−5.98874

0.0000

stationary I(1)

 INDUST.

−6.47528

0.0000

−6.48002

0.0000

stationary I(1)

  1. Source: author’s work based on the Outcome of E-views version.10