Alternative hypothesis: common AR coefs. (within-dimension)
Weighted
Statistic Prob. Statistic Prob.
Panel v-Statistic -1.848268 0.9677 -3.740869 0.9999
Panel rho-Statistic 5.140035 1.0000 5.436662 1.0000
Panel PP-Statistic -0.130361 0.4481 -3.184560 0.0007
Panel ADF-Statistic 0.127932 0.5509 -2.801578 0.0025
Alternative hypothesis: individual AR coefs. (between-dimension)
Statistic Prob.
Group rho-Statistic 8.000494 1.0000
Group PP-Statistic -4.800428 0.0000
Group ADF-Statistic -1.426799 0.0768