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Table 1 ADF unit root tests for the VAR model

From: Heterogeneous effects of oil shocks on exchange rates: evidence from a quantile regression approach

 

None

With intercept

With trend and intercept

prod

−24.2046

(0.0000)

−24.2363

(0.0000)

−24.2226

(0.0000)

rea

−3.8291

(0.0001)

−3.8450

(0.0027)

−3.8980

(0.0128)

rpo

−12.4438

(0.0000)

−12.4312

(0.0000)

−12.4191

(0.0000)

  1. The optimal lag length for the tests was determined using the Schwarz Information Criterion (SIC). The p-values are reported in parentheses