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关于面板协整的检验结果
面板协整的检验结果如下，看教科书说以Weighted Statistic结果为准。但是这个结果如何判断啊？多少算是协整呢？
| Pedroni Residual Cointegration Test | |||||
| Series: ROA? STU? MAIN? UNT? ZZC? YYSR? | |||||
| Date: 07/21/18 Time: 10:17 | |||||
| Sample: 2010Q1 2017Q4 | |||||
| Included observations: 32 | |||||
| Cross-sections included: 34 | |||||
| Null Hypothesis: No cointegration | |||||
| Trend assumption: No deterministic trend | |||||
| User-specified lag length: 1 | |||||
| Newey-West automatic bandwidth selection and Bartlett kernel | |||||
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| Alternative hypothesis: common AR coefs. (within-dimension) | |||||
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| Weighted |
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| Statistic | Prob. | Statistic | Prob. |
| Panel v-Statistic | 1.732380 | 0.0416 | -2.603275 | 0.9954 | |
| Panel rho-Statistic | -3.485909 | 0.0002 | 0.248391 | 0.5981 | |
| Panel PP-Statistic | -14.20749 | 0.0000 | -7.881845 | 0.0000 | |
| Panel ADF-Statistic | -5.857338 | 0.0000 | -3.880740 | 0.0001 | |
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| Alternative hypothesis: individual AR coefs. (between-dimension) | |||||
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| Statistic | Prob. |
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| Group rho-Statistic | 1.743340 | 0.9594 |
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| Group PP-Statistic | -10.83322 | 0.0000 |
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| Group ADF-Statistic | -3.458575 | 0.0003 |
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| Cross section specific results | |||||
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| Phillips-Peron results (non-parametric) | |||||
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