Breusch-Godfrey Serial Correlation LM Test

F-statistic

0.411178

Prob. F (1, 15)

0.5310

Obs * R-squared

0.560391

Prob. Chi-Square (1)

0.4541

Test Equation:

Dependent Variable: RESID

Method: Least Squares

Date: 01/18/17

Time: 23:09

Sample: 1995 2015

Included observation: 21

Presample missing value lagged redisuals set to zero.

Variable

Coefficient

Std. Error

t-Statistic

Prob.

C

0.009729

0.079408

0.122522

0.9041

LNX1

−0.000677

0.006586

−0.102856

0.9194

LNX2

0.008686

0.102762

0.084529

0.9338

X3

−0.003383

0.007738

−0.437195

0.6682

X4

0.000504

0.002245

0.224583

0.8253

RESID(−1)

0.237664

0.370637

0.641232

0.5310

R-squared

0.026681

Mean dependent var

−3.47E−18

Adjusted R-squared

−0.297759

S.D. dependent var

0.017179

S.E. of regression

0.019571

Akaike info criterion

−4.794629

Sum squared resid

0.005745

Schwarz criterion

−4.496194

Log likelihood

56.34360

Hannan-Quinn criter.

−4.729861

F-statistic

0.082236

Durbin-Watson stat

1.737518

Prob (F-statistic)

0.994009