Economic Impact of Some Determinant Factors of Nigerian Inflation Rate

Table 7.

LoogCPI Unit Root Test at Level

Null Hypothesis: CPI has a unit root

 

Exogenous: Constant

 

 

Lag Length: 1 (Automatic - based on AIC, maxlag=9)

 

 

 

t-Statistic

Prob.*

Augmented Dickey-Fuller test statistic

-0.965311

0.7578

Test critical values:

1% level

 

-3.581152

 

 

5% level

 

-2.926622

 

 

10% level

 

-2.601424

 

 

 

 

 

 

*MacKinnon (1996) one-sided p-values.