Tests | Statistic | Prob. |
Common AR Coefficients (within dimension) | ||
Panel v-Statistic | −0.407 | 0.658 |
Panel rho-Statistic | −0.439 | 0.330 |
Panel PP-Statistic | −2.245* | 0.012 |
Panel ADF-Statistic | −2.552* | 0.005 |
| Individual AR Coefficients (between dimension) | |
Group rho-Statistic | 0.404 | 0.657 |
Group PP-Statistic | −2.471* | 0.006 |
Group ADF-Statistic | −2.642* | 0.004 |