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Economic Impact of Some Determinant Factors of Nigerian Inflation Rate
Universal Journal of Finance and Economics
| Vol 1, Issue 1
Table 12. Forex Reserve Unit Root Test at First Difference
| Null Hypothesis: D(FOREX_RESV) has a unit root | ||||
| Exogenous: Constant |
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| Lag Length: 0 (Automatic - based on AIC, maxlag=9) | ||||
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| t-Statistic | Prob.* |
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| Augmented Dickey-Fuller test statistic | -7.579550 | 0.0000 | ||
| Test critical values: | 1% level |
| -3.581152 |
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| 5% level |
| -2.926622 |
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| 10% level |
| -2.601424 |
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| *MacKinnon (1996) one-sided p-values. |
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