Variables | No. of Lagged Differences | Test Statistic | 5% Critical Value | 1% Critical Value |
Log(GDP) | 1 | −4.168 | −3.568 | −4.296 |
Log(L) | 1 | −4.116 | −3.568 | −4.296 |
Log(K) | 1 | −3.811 | −3.568 | −4.296 |
Log(NX) | 1 | −5.020 | −3.568 | −4.296 |
Log(FDI) | 1 | −5.056 | −3.595 | −4.356 |