Research Article

Determinants of Human Capital Development in Ethiopia: Implications to Education Policy

Table 1

ADF unit root test with a structural break.

VariableTest statistics at levelTest statistics at first difference
Without breakWith breakWithout breakWith break

AYS−2.469450−3.148137−5.869503−7.139841
logGDPPC−0.803437−2.571375−6.170942−6.688668
logCPI−1.814107−3.271185−4.796481−5.540961
OPN1.246060−2.763985−6.101540−6.984649
Edu_exp_Gov−0.803612−5.187285−6.087612−6.649145
K/L_growth−0.639353−3.297147−5.743961−7.685240
Life expectancy−2.597568−4.154113−3.3920869−6.657450
Critical value at 5% level−2.948404−4.859812−2.948404−4.859812

Note. indicates the variable is stationary at a 5% level of significance.