Unit Root Test in Panel: Summary

Series: inflation rate

Sample: 2001 2018

Méthods

Statistics

Prob.**

sections

Obs

Null hypothesis: individual unit roots

Im, Pesaran and Shin W-stat

−2.86181

0.0021

6

94

ADF - Fisher Chi-square

29.1951

0.0037

6

94

PP - Fisher Chi-square

66.4672

0.0000

6

100

Unit Root Test in Panel: Summary

Series: Public debt ratio

Sample: 2001 2018

Méthods

Statistics

Prob.**

sections

Obs

Null hypothesis: individual unit roots

Im, Pesaran and Shin W-stat

−1.69683

0.0449

6

96

ADF - Fisher Chi-square

19.9141

0.0687

6

96

PP - Fisher Chi-square

47.5614

0.0000

6

102

Unit Root Test in Panel: Summary

Series: Basic Budget Balance

Sample: 2001 2018

Méthods

Statistics

Prob.**

sections

Obs

Null hypothesis: individual unit roots

Im, Pesaran and Shin W-stat

−0.70730

0.2397

6

96

ADF - Fisher Chi-square

16.5136

0.1688

6

96

PP - Fisher Chi-square

15.5286

0.2138

6

102

** Probabilities for Fisher tests are computed using an asymptotic Chi

-square distribution. All other tests assume asymptotic normality.

Unit Root Test in Panel: Summary

Series: D(Basic Budget Balance)

Sample: 2001 2018

Méthods

Statistics

Prob.**

sections

Obs

Null hypothesis: individual unit roots

Im, Pesaran and Shin W-stat

−5.38766

0.0000

6

90

ADF - Fisher Chi-square

49.9115

0.0000

6

90

PP - Fisher Chi-square

141.645

0.0000

6

96