Alternative hypothesis: common AR coefs. (within-dimension) | |||||
|
|
|
| Weighted |
|
|
| Statistic | Prob. | Statistic | Prob. |
Panel v-Statistic | −0.549849 | 0.0088* | −1.938698 | 0.0737 | |
Panel rho-Statistic | −0.442100 | 0.0292** | 0.581714 | 0.0196 | |
Panel PP-Statistic | −4.907997 | 0.0000* | −4.866084 | 0.0000 | |
Panel ADF-Statistic | −1.156631 | 0.0237** | −2.206950 | 0.0137 | |
Alternative hypothesis: individual AR coefs. (between-dimension) | |||||
|
| Statistic | Prob. |
|
|
Group rho-Statistic | 0.208955 | 0.0828*** |
|
| |
Group PP-Statistic | −5.646846 | 0.0000* |
|
| |
Group ADF-Statistic | −0.634466 | 0.2629 |
|
|