Variables	With Constant				With Constant and Trend
	Lag Order (SIC)	t-statistic	Critical Values		Lag Order (SIC)	t-statistic	Critical Values
	Lag Order (SIC)	t-statistic	1% Level	5% level	Lag Order (SIC)	t-statistic	1% Level	5% level
LNINDEX	0	1.484787	−2.576181	−1.942368	0	−1.369645	−3.460700	−2.928600
Δ(LNINDEX)	0	−4.748853^*	−2.576236	−1.942376	0	−7.938752^*	−3.460600	−2.928800
YTB	0	−1.222985	−2.576181	−1.942368	0	−1.530449	−3.460700	−2.928600
Δ(YTB)	0	−14.20656^*	−2.576236	−1.942376	0	−14.19219^*	−3.460600	−2.928800
YLGB	0	−0.587079	−2.576181	−1.942368	0	−1.197840	−3.460700	−2.928600
Δ(YLGB)	0	−15.03603^*	−2.576236	−1.942376	0	−15.06741^*	−3.460600	−2.928800
LNIIP	1	0.962474	−2.576236	−1.942376	6	−2.411969	−3.460100	−2.929800
Δ(LNIIP)	0	−18.88641^*	−2.576236	−1.942376	0	−21.39881^*	−3.460600	−2.928800
LNWPI	1	3.787782	−2.576236	−1.942376	1	−0.891945	−3.460600	−2.928800
Δ(LNWPI)	1	−5.664724^*	−2.576291	−1.942383	0	−9.486901^*	−3.460600	−2.928800
LNM3	12	1.450350	−2.576875	−1.942465	7	−1.589786	−3.460000	−2.930000
Δ(LNM3)	6	−4.061763^*	−2.576576	−1.942423	6	−5.125533^*	−3.460000	−2.930000
LNEX	0	0.823061	−2.576181	−1.942368	0	−0.151089	−3.460700	−2.928600
Δ(LNEX)	2	−3.363098^*	−2.576347	−1.942391	2	−5.682624^*	−3.460400	−2.929200