표 3 패널 단위근 검정 결과
| 변수 | LLC | IPS | Fisher-ADF | Fisher-PP |
| ln출생아수 | 2.621 | 0.536 | 1.903 | 0.723 |
| ln출생아수(첫째) | 0.364 | -0.156 | 3.996 | 2.593 |
| ln출생아수(둘째) | 5.432 | 1.028 | 1.029 | 0.261 |
| ln출생아수(셋째) | 14.198 | 2.610*** | 0.047 | 0.022 |
| ln혼인 | -5.650 | -0.987 | 27.314 | 9.972 |
| ln초혼연령 | 3.028 | -0.228 | 1.969 | 4.604 |
| ln인구20-44 | 3.445 | 14.718 | 28.057 | 3.629 |
| ln매매가격 | -4.527 | -0.889 | 27.124 | 13.456 |
| ln전세가격 | -5.880 | -1.617 | 30.091 | 29.135 |
| ln구입부담지수 | -8.412 | -1.929* | 117.738 | 45.629 |
| lnPIR | -2.179* | -1.648 | 25.120 | 31.245 |
| lnLIR | -1.675* | -1.300 | 12.838 | 18.691 |
| ln사교육비 | 8.478 | 0.953 | 0.305 | 0.325 |
| lnGRDP | -3.251*** | -1.254 | 18.637 | 25.536 |
| 비정규직근로자비율 | -0.979 | -1.831 | 36.547 | 40.245 |
| 경제활동참가율(여자) | 0.493 | -0.497 | 19.162 | 12.307 |
주: 는 p<0.1, p<0.05, p<0.01, p<0.001을 의미.
LLC, Levin–Lin–Chu; IPS, Im–Pesaran–Shin; ADF, augmented Dickey–Fuller; PP, Phillips–Perron; PIR, price income ratio; LIR, loan income ratio; GRDP, gross regional domestic product.