Faculty of social studies department of economics supply response of tobacco output to price changes in



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taku dissertation
Lagged Tobacco Output
Mean dependent var
0.013112
S.D. dependent var
0.370112
Akaike info criterion
0.054063
Schwarz criterion
0.098956
Hannan-Quinn criter. Null Hypothesis LTTOUT1 has a unit root
Exogenous: None
34

Lag Length 0 (Automatic - based on SIC, maxlag=9)
t-Statistic
Prob.*
Augmented Dickey-Fuller test statistic Test critical values 1% level 5% level 10% level
-1.611059
*MacKinnon (1996) one-sided p-values.
Augmented Dickey-Fuller Test Equation
Dependent Variable D(LTTOUT1)
Method: Least Squares
Date: Time Sample (adjusted 1981 2015

Included observations 35 after adjustments
Variable
Coefficient Std. Error t-Statistic
Prob.
LTTOUT1(-1)
0.000781 0.002365 0.330290 0.7432
R-squared
-0.000720
Adjusted R-squared
-0.000720
S.E. of regression
0.260883
Sum squared resid
2.314033
Mean dependent var
0.016114
S.D. dependent var
0.260789
Akaike info criterion
0.178664
Schwarz criterion 35

Log likelihood -2.126613
Durbin-Watson stat 2.036737
Hannan-Quinn criter. Null Hypothesis D(LTTOUT1) has a unit root
Exogenous: None
Lag Length 0 (Automatic - based on SIC, maxlag=9)
t-Statistic
Prob.*
Augmented Dickey-Fuller test statistic Test critical values 1% level 5% level 10% level
-1.610907
*MacKinnon (1996) one-sided p-values.

Augmented Dickey-Fuller Test Equation
Dependent Variable D(LTTOUT1,2)
Method: Least Squares
Date: Time Sample (adjusted 1982 Included observations 34 after adjustments
Variable
Coefficient Std. Error t-Statistic
Prob.
D(LTTOUT1(-1))
-1.029852 0.176608
-5.831304 0.0000 36


R-squared
0.507278
Mean dependent var
0.007772
Adjusted R-squared
0.507278
S.D. dependent var
0.377688
S.E. of regression
0.265115
Akaike info criterion
0.211665
Sum squared resid
2.319437
Schwarz criterion
0.256557
Log likelihood
-2.598297
Hannan-Quinn criter.
0.226974
Durbin-Watson stat
1.811165


37



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