ADF Test Statistic 2.882710 1% Critical Value* -4.5743
5% Critical Value -3.6920
10% Critical Value -3.2856
*MacKinnon critical values for rejection of hypothesis of a unit root.
Augmented Dickey-Fuller Test Equation
Dependent Variable: D(X)
Method: Least Squares
Date: 06/18/12 Time: 12:23
Sample(adjusted): 1993 2010
Included observations: 18 after adjusting endpoints
Variable Coefficient Std. Error t-Statistic Prob.
X(-1) 0.301721 0.104666 2.882710 0.0128
D(X(-1)) -0.067914 0.254904 -0.266431 0.7941
D(X(-2)) -0.936610 0.353976 -2.645972 0.0202
C -73.74181 869.7915 -0.084781 0.9337
@TREND(1990) 52.18813 129.8829 0.401809 0.6944
R-squared 0.810061 Mean dependent var 2306.053
Adjusted R-squared 0.751618 S.D. dependent var 2126.930
S.E. of regression 1060.017 Akaike info criterion 17.00009
Sum squared resid 14607279 Schwarz criterion 17.24742
Log likelihood -148.0008 F-statistic 13.86076
Durbin-Watson stat 2.230963 Prob(F-statistic) 0.000128
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