ADF test [21] | LS (2003) test [18] | |||||||||||||
Country | TS | TS | TS | |||||||||||
Austria | −3.23* | 16% | −5.27*** | 66% | −0.06 | 07Q4 | 0.78 | −7.57*** | 61% | NA | 07Q4 | NA | 09Q2 | NA |
Belgium | −1.70 | 59% | −6.92*** | 61% | −0.86 | 07Q4 | 0.89 | −7.58*** | 55% | NA | 07Q4 | NA | 09Q3 | NA |
Cyprus | −1.60 | 2% | −5.65*** | 67% | NA | 08Q4 | NA | -8.30*** | 69% | 0.95 | 04Q2 | -1.34 | 08Q4 | 1.11 |
Estonia | −1.48 | 8% | −8.00*** | 66% | NA | 07Q3 | NA | −8.28*** | 67% | −0.05 | 07Q3 | 0.39 | 10Q1 | −0.13 |
Finland | −1.39 | 3% | −5.63*** | 63% | −0.29 | 08Q3 | 1.24 | −7.68*** | 61% | NA | 04Q4 | NA | 08Q3 | NA |
France | −2.05 | 26% | −7.54*** | 72% | 0.33 | 08Q4 | 1.33 | −9.01*** | 69% | NA | 08Q4 | NA | 10Q2 | NA |
Germany | −1.54 | 3% | −7.70*** | 64% | NA | 10Q4 | NA | −8.36*** | 70% | 0.54 | 06Q3 | −0.47 | 08Q3 | 1.21 |
Greece | −2.19 | 6% | −6.74*** | 62% | 0.28 | 08Q3 | 3.15 | −7.55*** | 60% | NA | 05Q4 | NA | 08Q3 | NA |
Ireland | −0.03 | 33% | −7.90*** | 69% | −0.40 | 07Q4 | 5.37 | −8.38*** | 67% | NA | 07Q4 | NA | 11Q1 | NA |
Italy | −1.48 | 50% | −4.91** | 64% | −0.13 | 08Q3 | 1.06 | −7.64*** | 61% | NA | 08Q3 | NA | 09Q3 | NA |
Luxembourg | −1.45 | 6% | −4.66** | 66% | 0.03 | 08Q3 | 0.66 | −7.21*** | 56% | NA | 08Q3 | NA | 10Q1 | NA |
Malta | −1.55 | 1% | −5.06** | 70% | NA | 05Q1 | NA | −6.98*** | 75% | 1.04 | 05Q1 | −0.80 | 08Q4 | 0.71 |
Netherlands | −1.32 | 5% | −4.97** | 87% | −0.20 | 08Q3 | 0.81 | −6.90*** | 73% | NA | 08Q3 | NA | 09Q1 | NA |
Portugal | 0.24 | 10% | −6.07*** | 68% | NA | 08Q3 | NA | −8.13*** | 69% | 0.82 | 06Q2 | −0.18 | 08Q3 | 3.12 |
Slovakia | 0.52 | 16% | −6.60*** | 67% | −0.84 | 08Q3 | 1.35 | −7.84*** | 63% | NA | 02Q2 | NA | 08Q3 | NA |
Slovenia | −0.39 | 4% | −5.32*** | 67% | −0.12 | 08Q4 | 1.84 | −7.89*** | 63% | NA | 08Q4 | NA | 11Q1 | NA |
Spain | 0.32 | 67% | −6.83*** | 70% | −0.79 | 08Q1 | 2.38 | −8.75*** | 69% | NA | 08Q1 | NA | 11Q2 | NA |