Adj. t-Stat

Prob.*

Phillips-Perron test statistic

−0.968934

0.7615

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)

0.003114

HAC corrected variance (Bartlett kernel)

0.003889

Phillips-Perron Test Equation

Dependent Variable: D(L_N2)

Method: Least Squares

Date: 12/23/19 Time: 14:23

Sample (adjusted): 2012M02 2019M09

Included observations: 92 after adjustments

Variable

Coefficient

Std. Error

t-Statistic

Prob.

L_N2(−1)

−0.021625

0.028403

-0.761356

0.4484

C

0.118792

0.142861

0.831522

0.4079

R-squared

0.006399

Mean dependent var

0.010116

Adjusted R-squared

−0.004641

S. D. dependent var

0.056294

S. E. of regression

0.056424

Akaike info criterion

−2.890342

Sum squared resid

0.286531

Schwarz criterion

−2.835521

Log likelihood

134.9557

Hannan-Quinn criter.

−2.868216

F-statistic

0.579663

Durbin-Watson stat

1.488378

Prob (F-statistic)

0.448435