Adj. t-Stat

Prob.*

Phillips-Perron test statistic

−1.072235

0.7239

Test critical values:

1% level

−3.503049

5% level

−2.893230

10% level

−2.583740

*MacKinnon (1996) one-sided p-values.

Residual variance (no correction)

0.001314

HAC corrected variance (Bartlett kernel)

0.000681

Phillips-Perron Test Equation

Dependent Variable: D(L_RGDP15)

Method: Least Squares

Date: 12/23/19 Time: 15:01

Sample (adjusted): 2012M02 2019M09

Included observations: 92 after adjustments

Variable

Coefficient

Std. Error

t-Statistic

Prob.

L_RGDP15(−1)

−0.033599

0.025322

−1.326834

0.1879

C

0.305901

0.227737

1.343222

0.1826

R-squared

0.019186

Mean dependent var

0.003775

Adjusted R-squared

0.008288

S. D. dependent var

0.036804

S. E. of regression

0.036651

Akaike info criterion

−3.753265

Sum squared resid

0.120895

Schwarz criterion

−3.698443

Log likelihood

174.6502

Hannan-Quinn criter.

−3.731138

F-statistic

1.760487

Durbin-Watson stat

0.841955

Prob (F-statistic)

0.187920