Group unit root test: Summary |
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Series: IF1201, HS300 |
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Sample: 1978 2009 |
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Exogenous variables: Individual effects | ||||
Automatic selection of maximum lags |
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Automatic selection of lags based on SIC: 0 | ||||
Newey-West bandwidth selection using Bartlett kernel | ||||
Balanced observations for each test |
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| Cross- |
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Method | Statistic | Prob.** | sections | Obs |
Null: Unit root (assumes common unit root process) | ||||
Levin, Lin & Chu t* | -0.37272 | 0.3547 | 2 | 62 |
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Null: Unit root (assumes individual unit root process) | ||||
Im, Pesaran and Shin W-stat | 1.47925 | 0.9305 | 2 | 62 |
ADF - Fisher Chi-square | 0.61829 | 0.9610 | 2 | 62 |
PP - Fisher Chi-square | 0.31447 | 0.9889 | 2 | 62 |
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** Probabilities for Fisher tests are computed using an asymptotic Chi | ||||
-square distribution. All other tests assume asymptotic normality. | ||||


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