Null Hypothesis: INF has a unit root Exogenous: Constant Bandwidth: 11 (Newey-West automatic) using Bartlett kernel Adj. t-Stat Phillips-Perron test statistic Test critical values: 1% level 5% level 10% level *MacKinnon (1996) one-sided p-values. Residual variance (no correction) HAC corrected variance (Bartlett kernel) Phillips-Perron Test Equation Dependent Variable: D(INF) Method: Least Squares Date: 10/30/22 Time: 12:17 Sample (adjusted): 1992 2021 Included observations: 30 after adjustments Variable INF(-1) с R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood Coefficient -0.162929 1.949024 Std. Error -1.976999 -3.670170 -2.963972 -2.621007 t-Statistic Prob.* 0.123463 Mean dependent var 0.092158 S.D. dependent var 1.437485 Akaike info criterion 57.85819 Schwarz criterion -52.42012 Hannan-Quinn criter. 0.2948 1.928606 0.909886 Prob. 0.082042 -1.985926 0.0569 1.111443 1.753598 0.0904 -0.195800 1.508684 3.628008 3.721421 3.657892

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.6: Higher-degree Polynomials And Rational Functions
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Interpret the generated results at 5% level of significance. 

Null Hypothesis: INF has a unit root
Exogenous: Constant
Bandwidth: 11 (Newey-West automatic) using Bartlett kernel
Adj. t-Stat
Phillips-Perron test statistic
Test critical values:
*MacKinnon (1996) one-sided p-values.
1% level
5% level
10% level
Residual variance (no correction)
HAC corrected variance (Bartlett kernel)
Phillips-Perron Test Equation
Dependent Variable: D(INF)
Method: Least Squares
Date: 10/30/22 Time: 12:17
Sample (adjusted): 1992 2021
Included observations: 30 after adjustments
Variable
INF(-1)
с
R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
Coefficient
-0.162929
1.949024
Std. Error
-1.976999
-3.670170
-2.963972
-2.621007
t-Statistic
0.082042 -1.985926
1.111443 1.753598
0.123463 Mean dependent var
0.092158
S.D. dependent var
1.437485
Akaike info criterion
57.85819 Schwarz criterion
-52.42012
Hannan-Quinn criter.
Prob.*
0.2948
1.928606
0.909886
Prob.
0.0569
0.0904
-0.195800
1.508684
3.628008
3.721421
3.657892
Transcribed Image Text:Null Hypothesis: INF has a unit root Exogenous: Constant Bandwidth: 11 (Newey-West automatic) using Bartlett kernel Adj. t-Stat Phillips-Perron test statistic Test critical values: *MacKinnon (1996) one-sided p-values. 1% level 5% level 10% level Residual variance (no correction) HAC corrected variance (Bartlett kernel) Phillips-Perron Test Equation Dependent Variable: D(INF) Method: Least Squares Date: 10/30/22 Time: 12:17 Sample (adjusted): 1992 2021 Included observations: 30 after adjustments Variable INF(-1) с R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood Coefficient -0.162929 1.949024 Std. Error -1.976999 -3.670170 -2.963972 -2.621007 t-Statistic 0.082042 -1.985926 1.111443 1.753598 0.123463 Mean dependent var 0.092158 S.D. dependent var 1.437485 Akaike info criterion 57.85819 Schwarz criterion -52.42012 Hannan-Quinn criter. Prob.* 0.2948 1.928606 0.909886 Prob. 0.0569 0.0904 -0.195800 1.508684 3.628008 3.721421 3.657892
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