Alternative hypothesis: common AR coefs. (within-dimension) | ||||
Summary | Statistics | Prob. | Weighted | Prob. |
Panel v-Statistic | −1.4844 | 0.9311 | −3.027970 | 0.9988 |
Panel rho-Statistic | 2.6826 | 0.9963 | 3.755799 | 0.9999 |
Panel PP-Statistic | −13.5302 | 0.0000 | −7.953457 | 0.0000 |
Panel ADF-Statistic | −9.5782 | 0.0000 | −4.287405 | 0.0000 |
Alternative hypothesis: individual AR coefs. (between-dimension) | ||||
Group rho-Statistic | 5.6319 | 1.0000 | ||
Group PP-Statistic | −10.6379 | 0.0000 | ||
Group ADF-Statistic | −3.9038 | 0.0000 |