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| Page | 7/8 | | Date | 29.02.2024 | | Size | 61.14 Kb. | | #63710 |
| Completed Work Demilade Omorayajo Precious chapter 3-5Unit Root Test (At First Diff.)
Panel unit root test: Summary
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Series: D(ROA)
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Date: 12/05/22 Time: 16:01
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Sample: 2013 2021
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Exogenous variables: Individual effects
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User-specified lags: 1
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Newey-West automatic bandwidth selection and Bartlett kernel
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Balanced observations for each test
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Cross-
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Method
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Statistic
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Prob.**
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sections
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Obs
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Null: Unit root (assumes common unit root process)
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Levin, Lin & Chu t*
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-3.80425
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0.0001
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12
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72
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Null: Unit root (assumes individual unit root process)
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Im, Pesaran and Shin W-stat
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-2.71179
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0.0033
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12
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72
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ADF - Fisher Chi-square
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50.0208
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0.0014
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12
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72
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PP - Fisher Chi-square
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115.413
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0.0000
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12
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84
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** Probabilities for Fisher tests are computed using an asymptotic Chi
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-square distribution. All other tests assume asymptotic normality.
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Panel unit root test: Summary
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Series: D(CADR)
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Date: 12/05/22 Time: 16:01
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Sample: 2013 2021
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Exogenous variables: Individual effects
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User-specified lags: 1
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Newey-West automatic bandwidth selection and Bartlett kernel
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Balanced observations for each test
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Cross-
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Method
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Statistic
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Prob.**
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sections
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Obs
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Null: Unit root (assumes common unit root process)
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Levin, Lin & Chu t*
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-4.69350
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0.0000
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12
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72
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Null: Unit root (assumes individual unit root process)
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Im, Pesaran and Shin W-stat
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-1.28367
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0.0996
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12
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72
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ADF - Fisher Chi-square
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33.8848
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0.0867
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12
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72
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PP - Fisher Chi-square
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79.2161
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0.0000
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12
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84
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** Probabilities for Fisher tests are computed using an asymptotic Chi
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-square distribution. All other tests assume asymptotic normality.
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Panel unit root test: Summary
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Series: D(NPLR)
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Date: 12/05/22 Time: 16:01
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Sample: 2013 2021
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Exogenous variables: Individual effects
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User-specified lags: 1
|
|
|
Newey-West automatic bandwidth selection and Bartlett kernel
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Balanced observations for each test
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Cross-
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Method
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Statistic
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Prob.**
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sections
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Obs
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Null: Unit root (assumes common unit root process)
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Levin, Lin & Chu t*
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-9.10387
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0.0000
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12
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72
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Null: Unit root (assumes individual unit root process)
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Im, Pesaran and Shin W-stat
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-1.47667
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0.0699
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12
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72
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ADF - Fisher Chi-square
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37.5635
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0.0384
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12
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72
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PP - Fisher Chi-square
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48.6716
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0.0021
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12
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84
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** Probabilities for Fisher tests are computed using an asymptotic Chi
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-square distribution. All other tests assume asymptotic normality.
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Panel unit root test: Summary
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Series: D(LLPR)
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Date: 12/05/22 Time: 16:02
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Sample: 2013 2021
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Exogenous variables: Individual effects
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User-specified lags: 1
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|
|
Newey-West automatic bandwidth selection and Bartlett kernel
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Balanced observations for each test
|
|
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|
|
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|
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Cross-
|
|
Method
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Statistic
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Prob.**
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sections
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Obs
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Null: Unit root (assumes common unit root process)
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Levin, Lin & Chu t*
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-24.1086
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0.0000
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12
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72
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Null: Unit root (assumes individual unit root process)
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Im, Pesaran and Shin W-stat
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-3.65402
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0.0001
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12
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72
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ADF - Fisher Chi-square
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49.8891
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0.0015
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12
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72
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PP - Fisher Chi-square
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73.2351
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0.0000
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12
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84
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** Probabilities for Fisher tests are computed using an asymptotic Chi
|
-square distribution. All other tests assume asymptotic normality.
| |
Panel unit root test: Summary
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Series: D(LTDR)
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Date: 12/05/22 Time: 16:03
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Sample: 2013 2021
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Exogenous variables: Individual effects
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User-specified lags: 1
|
|
|
Newey-West automatic bandwidth selection and Bartlett kernel
|
Balanced observations for each test
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cross-
|
|
Method
|
Statistic
|
Prob.**
|
sections
|
Obs
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Null: Unit root (assumes common unit root process)
|
Levin, Lin & Chu t*
|
-10.5866
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0.0000
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12
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72
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Null: Unit root (assumes individual unit root process)
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Im, Pesaran and Shin W-stat
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-2.44922
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0.0072
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12
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72
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ADF - Fisher Chi-square
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45.5156
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0.0051
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12
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72
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PP - Fisher Chi-square
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62.2073
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0.0000
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12
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84
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** Probabilities for Fisher tests are computed using an asymptotic Chi
|
-square distribution. All other tests assume asymptotic normality.
|
Panel unit root test: Summary
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Series: D(SIZE)
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Date: 12/05/22 Time: 16:04
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Sample: 2013 2021
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Exogenous variables: Individual effects
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User-specified lags: 1
|
|
|
Newey-West automatic bandwidth selection and Bartlett kernel
|
Balanced observations for each test
|
|
|
|
|
|
|
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|
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|
|
Cross-
|
|
Method
|
Statistic
|
Prob.**
|
sections
|
Obs
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Null: Unit root (assumes common unit root process)
|
Levin, Lin & Chu t*
|
-7.62787
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0.0000
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12
|
72
|
|
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Null: Unit root (assumes individual unit root process)
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Im, Pesaran and Shin W-stat
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-1.85866
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0.0315
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12
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72
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ADF - Fisher Chi-square
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42.6239
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0.0110
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12
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72
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PP - Fisher Chi-square
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70.9506
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0.0000
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12
|
84
|
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|
|
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|
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** Probabilities for Fisher tests are computed using an asymptotic Chi
|
-square distribution. All other tests assume asymptotic normality.
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DATA
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