Null Hypothesis: ECT has a unit root | ||||
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| t-Statistic | Prob.* |
Augmented Dickey-Fuller test statistic | −3.584723 | 0.0199 | ||
Test critical values: | 1% level |
| −2.956845 |
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| 5% level |
| −2.548216 |
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| 10% level |
| −1.852146 |
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*MacKinnon (1996) one-sided p-values. | ||||
Variable | Coefficient | Std. Error | t-Statistic | Prob. |
ECT (−1) | −0.308099 | 0.130802 | −3.633400 | 0.024934 |
R-squared | 0.147277 | Mean dependent var | −18.681999 | |
Adjusted R-squared | 0.147277 | S. D. dependent var | 1242.134300 | |
S. E. of regression | 1116.773 | Akaike info criterion | 17.775208 | |
Sum squared resid | 40165536 | Schwarz criterion | 17.822561 | |
Log likelihood | −292.574 | Hannan-Quinn criter. | 17.791354 | |
Durbin-Watson stat | 1.701624 |
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