Statistic | Prob. | Weighted | ||
---|---|---|---|---|
Statistic | Prob. | |||
Alternative hypothesis: common AR coefs. (within-dimension) | ||||
Panel v-stat | − 4.873 | 0.00*** | − 6.314 | 0.00*** |
Panel rho-stat | − 5.431 | 0.00*** | − 7.809 | 0.00*** |
Panel PP-stat | − 9.623 | 0.00*** | − 7.515 | 0.00*** |
Panel ADF-stat | − 6.815 | 0.00*** | − 6.299 | 0.00*** |
Alternative hypothesis: individual AR coefs. (between-dimension) | ||||
Group rho-stat | − 7.211 | 0.00*** | ||
Group PP-stat | − 16.109 | 0.00*** | ||
Group ADF-stat | − 7.898 | 0.00*** |