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Kiểm định unit root test cho các biến trong mô hình như sau

Tên biến

Loại kiểm định	z/t-value	p-value
Hd	Llc	-5.6913	0.000
Lev	Ht	-5.3742	0.000
Sdebt	Llc	-5.8228	0.000
Ldebt	Llc	-3.9e+2	0.000
Size	Llc	-1.5081	0.065
Tang	Llc	-8.8236	0.000
MTB	Ht	-5.4607	0.000
Sale_growth	Llc	-16.1752	0.000
Stateownership	Ht	-2.8328	0.002
BODownership	Llc	-64.4767	0.000
Orisk	Llc	-3.8571	0.000
Tax_shield	Llc	-2.1692	0.015
Inter_Cap	Llc	-8.8531	0.000
Period	Llc	-4.2184	0.000