Null Hypothesis: D(L_N2) has a unit root | |||||
Exogenous: Constant | |||||
Bandwidth: 1 (Newey-West automatic) using Bartlett kernel | |||||
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| Adj. t-Stat | Prob.* |
Phillips-Perron test statistic |
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| −7.437614 | 0.0000 | |
Test critical values: | 1% level | −3.503879 |
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| 5% level | −2.893589 |
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| 10% level | −2.583931 |
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*MacKinnon (1996) one-sided p-values. |
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Residual variance (no correction) |
| 0.002955 | |||
HAC corrected variance (Bartlett kernel) |
| 0.002971 | |||
Phillips-Perron Test Equation |
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Dependent Variable: D(L_N2,2) |
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Method: Least Squares |
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Date: 12/29/19 Time: 10:25 |
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Sample (adjusted): 2012M03 2019M09 |
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Included observations: 91 after adjustments |
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Variable | Coefficient | Std. Error | t-Statistic | Prob. | |
D(L_N2(−1)) | −0.760752 | 0.102352 | −7.432709 | 0.0000 | |
C | 0.008291 | 0.005854 | 1.416158 | 0.1602 | |
R-squared | 0.382995 | Mean dependent var | 0.000581 | ||
Adjusted R-squared | 0.376062 | S. D. dependent var | 0.069583 | ||
S. E. of regression | 0.054963 | Akaike info criterion | −2.942565 | ||
Sum squared resid | 0.268867 | Schwarz criterion | −2.887381 | ||
Log likelihood | 135.8867 | Hannan-Quinn criter. | −2.920302 | ||
F-statistic | 55.24516 | Durbin-Watson stat | 1.988213 | ||
Prob (F-statistic) | 0.000000 |
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