Table 3.

Levin, Lin, and Chu panel unit root test results

Variables	T statistics	p value
TC	− 41.57223	0
ERM	− 41.198325	0
WS	− 2.25477	0.0159
UB	− 6.365415	0
CRF	− 7.03542	0
GS	− 2.254875	0
CA	− 6.4405425	0
EI	− 6.507543	0.015
INF	− 2.25498	0.01

LLC Levin-Lin-Cu, TC tex cut, ERM economic recovery model, WS worker support, CRF corona relief funds, CA corona aid, GS government