An Empirical Analysis of the Effects of Population Growth on Economic Growth in Ethiopia Using an Autoregressive Distributive Lag (ARDL) Model Approach
Table 1
ADF test for the unit root test.
Variables
Values
ADF test at level I(0)
ADF at first difference
Order of integration
Intercept
Trend and intercept
None
Intercept
Trend and intercept
LNRGDP
ADF test static
3.84
1.03
3.69
5.19
5.82
I(1)
5% critical value
2.94
3.53
1.95
2.94
3.53
LNPOP
ADF test static
2.62
1.73
14.69
17.72
7.14
I(1)
5% critical value
2.95
3.53
1.95
2.94
3.54
FDI
ADF test static
2.03
5.32
2.91
3.39
4.19
I(1)
5% critical value
2.96
3.54
1.95
2.96
3.57
PRem
ADF test static
3.74
4.90
3.08
5.26
5.15
I(0)
5% critical value
2.96
3.56
1.95
2.96
3.57
LNPOPGR
ADF test static
3.21
3.08
0.76
4.10
4.09
I(1)
5% critical value
2.95
3.55
1.95
2.94
3.54
RI
ADF test static
4.73
5.02
1.23
8.57
8.44
I(0)
5% critical value
2.94
3.53
1.95
2.94
3.54
LNGCF
ADF test static
0.69
1.81
2.53
7.32
7.75
I(1)
5% critical value
2.94
3.53
1.95
2.94
3.53
Mackinnon (1996): critical values. Source: authors' own computation.
