Null Hypothesis: Unit root (individual unit root process)

Date: 02/25/10
Time: 10:20

Sample: 1998M01 2009M12

Series: Y

Exogenous variables: Individual effects

Automatic selection of maximum lags

Automatic selection of lags based on SIC: 12

Total (balanced) observations: 131

Cross-sections included: 1

Method

Statistic

Prob.**

ADF - Fisher Chi-square

1.65108

0.4380

ADF - Choi Z-stat

-0.15604

0.4380

** Probabilities for Fisher tests are computed using an asympotic Chi

        -square distribution. All other tests assume asymptotic

        normality.

Intermediate ADF test results CPI

Series

Prob.

Lag  

Max Lag

Obs

Y

0.4380

12

13

131