why LLC result is not the primary concern that may invalidate your conclusion on UR test.?
-
Login or Register
- Log in with
- You are not logged in. You can browse but not post. Login or Register by clicking 'Login or Register' at the top-right of this page. For more information on Statalist, see the FAQ.
-
-
C= with constant; C&T=with trend. Asterisk *, **, *** denotes significance at least at 1%, 5%, and 10% levels. Where * is at least at 1%, ** is at least at 5%, and *** is at least at 10%. The number between ( ) represents for P- valueLLC (1992, 2002) IPS (IPS, 1992, 2003) CIPS (Pesaran, 2007) Level 1st Difference Level 1st Difference Level 1st Difference C C&T C C&T C C&T C C&T C C&T C C&T PERF 1.3703
(0.9147)0.6054
(0.7275)4.4390
(1.0000)9.2442
(1.0000)0.0981
(0.5391)0.3750
(0.6462)-3.9581*
(0.0000)-2.0488**
(0.0202)16.895
(1.000)16.174
(1.000)15.994
(1.000)14.892
(1.000)PINN 0.375
(0.6462)-0.0446
(0.4822)-11.2480 *
(0.0000)-7.8159*
(0.0000)3.3400
(0.9996)2.2721
(0.9885)-9.1897*
(0.0000)-7.6154*
(0.0000)16.895
(1.000)16.174
(1.000)15.994
(1.000)14.892
(1.000)FINN -.3038***
(0.0962)-3.9816*
(0.0001)-14.4942*
(0.0000)-11.8948*
(0.0000)0.0284
(0.5113)-2.5657*
(0.0104)-13.3398*
(0.0000)-11.9988*
(0.0000)16.895
(1.000)16.174
(1.000)15.994
(1.000)14.892
(1.000)IINN 3.0506
(0.9989)-0.525
(0.2996)-11.7024*
(0.0000)-10.1541*
(0.0000)5.7034
(1.0000)2.1628
(0.9874)-11.4763*
(0.0000)-9.0918*
(0.0000)16.895
(1.000)16.174
(1.000)15.994
(1.000)14.892
(1.000)ASET 4.4032
(1.0000)-0.9254
(0.1774)-10.3927*
(0.0000)-8.3011*
(0.0000)6.6436
(1.0000)1.6769
(0.9532)-9.6569*
(0.0000)-7.3931* (0.0000) 16.895
(1.000)16.174
(1.000)15.994
(1.000)14.892
(1.000)
kindly help me interpretation my unit root test result as a professional interpretation on articles
PER = DEPENDANT VARIABLE = PERFORMANCE
PINN , INN, FINN = INDEPENDANT VARIABLES= PROCESS , INSTITUTION , FINANCIAL -
Hi I am currently doing my dissertation and it would be of great help if you could share the code used for CIPS (Pesaran, 2007) test please.Comment
Comment