Adj. t-Stat

Prob.*

Phillips-Perron test statistic

−1.339203

0.6084

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)

0.000706

HAC corrected variance (Bartlett kernel)

0.000677

Phillips-Perron Test Equation

Dependent Variable: D(L_N10)

Method: Least Squares

Date: 12/23/19 Time: 14:36

Sample (adjusted): 2012M02 2019M09

Included observations: 92 after adjustments

Variable

Coefficient

Std. Error

t-Statistic

Prob.

L_N10(−1)

−0.018820

0.014069

−1.337715

0.1844

C

0.157364

0.111661

1.409294

0.1622

R-squared

0.019495

Mean dependent var

0.008040

Adjusted R-squared

0.008601

S. D. dependent var

0.026977

S. E. of regression

0.026861

Akaike info criterion

−4.374804

Sum squared resid

0.064935

Schwarz criterion

−4.319983

Log likelihood

203.2410

Hannan-Quinn criter.

−4.352678

F-statistic

1.789482

Durbin-Watson stat

2.078590

Prob (F-statistic)

0.184360