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 |