Research Article
Determinants of Human Capital Development in Ethiopia: Implications to Education Policy
Table 1
ADF unit root test with a structural break.
| Variable | Test statistics at level | Test statistics at first difference | Without break | With break | Without break | With 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 | OPN | 1.246060 | −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 |
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Note. indicates the variable is stationary at a 5% level of significance. |