Null Hypothesis:  D(LOGFDI) has a unit root

Exogenous: Constant

Lag Length: 0  (Automatic - based on SIC, maxlag=3)

t-Statistic

  Prob.*

Augmented  Dickey-Fuller test statistic

-4.329705

0.0063

Test critical values:

1% level

-4.057910

5% level

-3.119910

10% level

-2.701103

*MacKinnon (1996)  one-sided p-values.

Warning: Probabilities  and critical values calculated for 20 observations

        and  may not be accurate for a sample size of 13

Augmented  Dickey-Fuller Test Equation

Dependent Variable:  D(LOGFDI,2)

Method: Least Squares

Date: 04/06/14   Time: 21:20

Sample (adjusted):  2000 2012

Included observations:  13 after adjustments

Variable

Coefficient

Std. Error

t-Statistic

Prob.  

D(LOGFDI(-1))

-1.069709

0.247063

-4.329705

0.0012

C

0.087358

0.028681

3.045869

0.0111

R-squared

0.630207

    Mean dependent var

0.010274

Adjusted R-squared

0.596589

    S.D. dependent var

0.127647

S.E. of regression

0.081074

    Akaike info criterion

-2.046262

Sum squared resid

0.072304

    Schwarz criterion

-1.959347

Log likelihood

15.30070

    Hannan-Quinn criter.

-2.064127

F-statistic

18.74634

    Durbin-Watson stat

2.376035

Prob(F-statistic)

0.001195