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用面板数据建立模型,已经通过单位根检验,用pedroni做了协整检验,请问这个结果该如何进行分析?
是否能够说明协整关系的存在?多谢各位!
Pedroni Residual Cointegration Test
Series: OIL_C? R_IN? RI_E? RI_A? RI_M? CAP?
Date: 02/12/14 Time: 10:19
Sample: 2002 2011
Included observations: 10
Cross-sections included: 11
Null Hypothesis: No cointegration
Trend assumption: No deterministic intercept or trend
Automatic lag length selection based on SIC with a max lag of 0
Newey-West automatic bandwidth selection and Bartlett kernel
Alternative hypothesis: common AR coefs. (within-dimension)
Weighted
Statistic Prob. Statistic Prob.
Panel v-Statistic -0.896067 0.8149 -2.369586 0.9911
Panel rho-Statistic 2.291800 0.9890 2.856772 0.9979
Panel PP-Statistic -2.870085 0.0021 -4.143423 0.0000
Panel ADF-Statistic -2.583277 0.0049 -2.404176 0.0081
Alternative hypothesis: individual AR coefs. (between-dimension)
Statistic Prob.
Group rho-Statistic 4.372242 1.0000
Group PP-Statistic -5.697543 0.0000
Group ADF-Statistic -2.616754 0.0044