Table A19. Results of the unit root tests for Ethiopia (monthly data)

		ADF coefficient (-1)	PP coefficient (-1)
ETBMRT	level	-0.13	-0.09
		-2.89	-2.65
	first differences	-1.03	-1.10
		-2.75	-13.47
ETMZPR	level	-0.18	-0.08
		-2.71	-2.01
	first differences	-0.91	-0.77
		-4.64	-6.32
ETMZRT	level	-0.23	-0.23
		-1.89	-3.34
	first differences	-1.09	-1.19
		-1.49	-11.54
ETRIRT	level	-0.14	-0.17
		-1.73	-2.16
	first differences	-1.58	-1.11
		-8.95	-9.37
ETSFRT	level	-0.14	-0.16
		-2.21	-2.50
	first differences	-1.41	-1.29
		-6.37	-12.84
ETSHRT	level	-0.12	-0.16
		-1.83	-2.77
	first differences	-1.42	-1.24
		-6.06	-12.25
ETWHRT	level	-0.13	-0.11
		-2.42	-2.38
	first differences	-0.83	-0.83
		-4.89	-7.92

see Table 1 for variables' names
bold = significant at 5% or more
Source: calculations n ESCB and IMF data