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请帮看下Johansen Fisher Panel Cointegration Test? 谢谢!!!!!

请帮看下Johansen Fisher Panel Cointegration Test? 谢谢!!!!!

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Poolunitroottest:SummarySeries:RER_01,RER_02,RER_03,RER_04,RER_05,RER_06,RER_07,RER_08,RER_09,RER_10,RER_11,RER_12,RER_13,RER_14,RER_15,RER_16,RER_17,RER_18,RER_19,RER_20,RER_21,RER_22,RER_23,RER_24,R ...
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Pool unit root test: Summary


Series: RER_01, RER_02, RER_03, RER_04, RER_05, RER_06, RER_07,

RER_08, RER_09, RER_10, RER_11, RER_12, RER_13, RER_14,

RER_15, RER_16, RER_17, RER_18, RER_19, RER_20, RER_21,

RER_22, RER_23, RER_24, RER_25, RER_26, RER_27, RER_28,

RER_29, RER_30, RER_31, RER_32, RER_33, RER_34, RER_35,

RER_36, RER_37, RER_38, RER_39, RER_40, RER_41, GDP_01,

GDP_02, GDP_03, GDP_04, GDP_05, GDP_06, GDP_07, GDP_08,

GDP_09, GDP_10, GDP_11, GDP_12, GDP_13, GDP_14, GDP_15,

GDP_16, GDP_17, GDP_18, GDP_19, GDP_20, GDP_21, GDP_22,

GDP_23, GDP_24, GDP_25, GDP_26, GDP_27, GDP_28, GDP_29,

GDP_30, GDP_31, GDP_32, GDP_33, GDP_34, GDP_35, GDP_36,

GDP_37, GDP_38, GDP_39, GDP_40, GDP_41, OPENNESS_01,

OPENNESS_02, OPENNESS_03, OPENNESS_04, OPENNESS_05,

OPENNESS_06, OPENNESS_07, OPENNESS_08, OPENNESS_09,

OPENNESS_10, OPENNESS_11, OPENNESS_12, OPENNESS_13,

OPENNESS_14, OPENNESS_15, OPENNESS_16, OPENNESS_17,

OPENNESS_18, OPENNESS_19, OPENNESS_20, OPENNESS_21,

OPENNESS_22, OPENNESS_23, OPENNESS_24, OPENNESS_25,

OPENNESS_26, OPENNESS_27, OPENNESS_28, OPENNESS_29,

OPENNESS_30, OPENNESS_31, OPENNESS_32, OPENNESS_33,

OPENNESS_34, OPENNESS_35, OPENNESS_36, OPENNESS_37,

OPENNESS_38, OPENNESS_39, OPENNESS_40, OPENNESS_41,

CG_01, CG_02, CG_03, CG_04, CG_05, CG_06, CG_07, CG_08,

CG_09, CG_10, CG_11, CG_12, CG_13, CG_14, CG_15, CG_16,

CG_17, CG_18, CG_19, CG_20, CG_21, CG_22, CG_23, CG_24,

CG_25, CG_26, CG_27, CG_28, CG_29, CG_30, CG_31, CG_32,

CG_33, CG_34, CG_35, CG_36, CG_37, CG_38, CG_39, CG_40,

CG_41



Date: 08/18/09 Time: 13:04


Sample: 1980 2007



Exogenous variables: Individual effects, individual linear trends

Automatic selection of maximum lags


Automatic selection of lags based on SIC: 0 to 5

Newey-West bandwidth selection using Bartlett kernel














Cross-


Method

Statistic

Prob.**

sections

Obs

Null: Unit root (assumes common unit root process)

Levin, Lin & Chu t*

-35.9279

0.0000

160

3879

Breitung t-stat

-20.4227

0.0000

160

3719






Null: Unit root (assumes individual unit root process)

Im, Pesaran and Shin W-stat

-39.2101

0.0000

160

3879

ADF - Fisher Chi-square

1860.67

0.0000

160

3879

PP - Fisher Chi-square

3158.86

0.0000

160

3975











** Probabilities for Fisher tests are computed using an asymptotic Chi

-square distribution. All other tests assume asymptotic normality.


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