The Links between Energy Consumption, Financial Development, and Economic Growth in Lebanon: Evidence from Cointegration with Unknown Structural Breaks

Table 3

Clemente-Montanes-Reyes structural break unit root analysis.

Model: trend-break model
Variable	Level data				First difference data
			Test statistics				Test statistics
	2008	—	−2.053	3	2006	—	−8.346	2
	2004	2008	−2.909	1	2006	2009	−7.510	1
	2009	—	−2.372	3	2005	—	−4.224	5
	2003	2008	−3.487	4	2005	2008	−5.643	6
	2006	—	−2.450	3	2006	—	−6.465	5
	2003	2008	−5.270	4	2006	2006	−5.711	6

Note: and are the dates of the structural breaks; is the lag length; and show significance at 1% and 5% levels, respectively.