Alternative hypothesis: common AR coefficients (within-dimension) | ||||
| Statistic | Prob. | Statistic | Prob. |
Panel v-Statistic | −0.847992 | 0.8018 | −1.990455 | 0.9767 |
Panel rho-Statistic | 2.430369 | 0.9925 | 2.432539 | 0.9925 |
Panel PP-Statistic | −0.800204 | 0.2118 | −0.205617 | 0.4185 |
Panel ADF-Statistic | 0.230108 | 0.5910 | −0.877033 | 0.1902 |
Alternative hypothesis: individual AR coefficients (between-dimension) | ||||
| Statistic | Prob. |
|
|
Group rho-Statistic | 3.310798 | 0.9995 |
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Group PP-Statistic | −1.690387 | 0.0455 |
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Group ADF-Statistic | 0.100975 | 0.5402 |
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Cross-section specific results |
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