Page 43 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.76, # 2, 2019, pp. 31-45

5,000
4,000
3,000
2,000

800 1,000
0
400

0
-400

-800
01 02 03 04 05 06 07 08 09 10 11 12 13

Residual Actual Fitted

Null Hypothesis: RESID03 has a unit root
Exogenous: None
Lag Length: 0 (Automatic - based on SIC, maxlag=2)
t-Statistic Prob.*
Augmented Dickey-Fuller test statistic -2.568190 0.0152
Test critical values: 1% level -2.771926
5% level -1.974028
10% level -1.602922
*MacKinnon (1996) one-sided p-values.
Warning: Probabilities and critical values calculated for 20 observations
and may not be accurate for a sample size of 12
Augmented Dickey-Fuller Test Equation
Dependent Variable: D(RESID03)
Method: Least Squares
Date: 07/02/17 Time: 02:48
Sample (adjusted): 2002 2013
Included observations: 12 after adjustments
Variable Coefficient Std. Error t-Statistic Prob.
RESID03(-1) -0.774627 0.301624 -2.568190 0.0261
R-squared 0.374480 Mean dependent var 12.69019
Adjusted R-squared 0.374480 S.D. dependent var 549.7592
S.E. of regression 434.8035 Akaike info criterion 15.06732
Sum squared resid 2079595. Schwarz criterion 15.10773
Log-likelihood -89.40392 Hannan-Quinn criteria. 15.05236
Durbin-Watson stat 2.014829

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