Impact of Foreign Direct Investment, Trade Openness, Domestic Demand, and Exchange Rate on the Export Performance of Bangladesh: A VEC Approach

Table 3

ADF unit root test for stationarity.

	Level		First difference
	Intercept	Intercept plus trend	Intercept	Intercept plus trend
EXPG	1.015487	−2.528736	−6.429114***	−7.213010***
FDIG	−1.629711	−2.963173	−6.178839***	−6.024192***
GFCG	−1.186519	−2.239703	−8.420725***	−7.845780***
EXR	0.389952	−1.480079	−5.144659***	−5.098499***
PDEN	−0.263170	−3.662075**	−3.894389***	−3.692696**