Null Hypothesis: Unit root (common unit root process)

Series: D(INF)

Date: 09/26/20 Time: 13:16

Sample: 1991 2018

Exogenous variables: Individual effects

User-specified lags: 1

Newey-West automatic bandwidth selection and Bartlett kernel

Total number of observations: 99

Cross-sections included: 4

Method

Statistic

Prob.**

Levin, Lin & Chu t*

−9.09132

0.0000

** Probabilities are computed assuming asymptotic normality

Intermediate results on D(INF)

Cross

2nd Stage

Variance

HAC of

Max

Band-

section

Coefficient

of Reg

Dep.

Lag

Lag

width

Obs

Gabon

−1.56222

77.930

17.204

1

1

11.0

25

Cameroun

−1.87562

73.347

10.839

1

1

18.0

25

Congo

−1.71417

90.281

10.095

1

1

22.0

24

Tchad

−2.12224

138.47

31.177

1

1

15.0

25

Coefficient

t-Stat

SE Reg

mu*

sig*

Obs

Pooled

−1.81410

−11.714

1.010

−0.554

0.919

99