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The results of unit root test are presented in Table 1(a) and (b) below. Briefly explain the hypothesis results.

The results of unit root test are presented in Table 1(a) and (b) below. Briefly explain the hypothesis results.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Question 1 The results of unit root test are presented in Table 1(a) and (b) below. Briefly explain the hypothesis results. Table 1(a) Null Hypothesis: LNGDP has a unit root Exogenous: Constant Lag Length: 1 (Automatic - based on AIC, maxlag%3D9) t-Statistic Prob.* Augmented Dickey-Fuller test statistic Test critical values: 0.115497 -3.610453 -2.938987 0.9630 1% level 5% level 10% level -2.607932 *MacKinnon (1996) one-sided p-values. Table 1(b) Null Hypothesis: D(LNGDP) has a unit root Exogenous: Constant Lag Length: 0 (Automatic - based on AIC, maxlag39) t-Statistic Prob.* Augmented Dickey-Fuller test statistic Test critical values: -5.325446 0.0001 1% level -3.610453 5% level -2.938987 10% level -2.607932 "MacKinnon (1996) one-sided p-values.
Transcribed Image Text:Question 1 The results of unit root test are presented in Table 1(a) and (b) below. Briefly explain the hypothesis results. Table 1(a) Null Hypothesis: LNGDP has a unit root Exogenous: Constant Lag Length: 1 (Automatic - based on AIC, maxlag%3D9) t-Statistic Prob.* Augmented Dickey-Fuller test statistic Test critical values: 0.115497 -3.610453 -2.938987 0.9630 1% level 5% level 10% level -2.607932 *MacKinnon (1996) one-sided p-values. Table 1(b) Null Hypothesis: D(LNGDP) has a unit root Exogenous: Constant Lag Length: 0 (Automatic - based on AIC, maxlag39) t-Statistic Prob.* Augmented Dickey-Fuller test statistic Test critical values: -5.325446 0.0001 1% level -3.610453 5% level -2.938987 10% level -2.607932 "MacKinnon (1996) one-sided p-values.
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