PERRON97 results
Posted: Tue Sep 08, 2009 3:33 am
please, could you help me with the interpretation of this result? i am partcularly concerned about the high positive(183.76) value of the coff the test parameter.
PERRON TEST FOR GROSS NATIONAL PRODUCT*
@PERRON97(TRANS=NONE,MODEL=IO2,LAGMAX=12,SIGNIF=0.05,METHOD=STUD,TRIM=0.15) LGNI 1957:1 2008:4
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break date TB = 1972:01 statistic t(alpha==1) -3.87043
critical values at 1% 5% 10% 50% 90% 95% 99%
for 100 obs. -5.86 -5.19 -4.88 -3.60 -2.23 -1.87 -0.95
infinite sample -5.57 -4.91 -4.59 -3.47 -2.15 -1.86 -1.30
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from 1957:01 to 2008:04 search limited from 1964:04 to 2001:01
number of lag retained : 12
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explained variable : LGNI
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coefficient student
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CONSTANT 0.23075 4.38558
DU 0.05874 4.12551
D(Tb) -0.01071 -0.86999
TIME 7.27295e-004 3.16764
DT -8.19141e-004 -3.89663
LGNI {1} 0.97937 183.76872
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PERRON TEST FOR GROSS NATIONAL PRODUCT*
@PERRON97(TRANS=NONE,MODEL=IO2,LAGMAX=12,SIGNIF=0.05,METHOD=STUD,TRIM=0.15) LGNI 1957:1 2008:4
-------------------------------------------------------------------------
break date TB = 1972:01 statistic t(alpha==1) -3.87043
critical values at 1% 5% 10% 50% 90% 95% 99%
for 100 obs. -5.86 -5.19 -4.88 -3.60 -2.23 -1.87 -0.95
infinite sample -5.57 -4.91 -4.59 -3.47 -2.15 -1.86 -1.30
-------------------------------------------------------------------------
from 1957:01 to 2008:04 search limited from 1964:04 to 2001:01
number of lag retained : 12
---------------------------------------------------------
explained variable : LGNI
---------------------------------------------------------
coefficient student
---------------------------------------------------------
CONSTANT 0.23075 4.38558
DU 0.05874 4.12551
D(Tb) -0.01071 -0.86999
TIME 7.27295e-004 3.16764
DT -8.19141e-004 -3.89663
LGNI {1} 0.97937 183.76872
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