Ho: All panels contain unit roots Number of panels = 30
Ha: At least one panel is stationary Number of periods = 14
AR parameter: Panel-specific Asymptotics: T -> Infinity
Panel means: Included
Time trend: Not included Cross-sectional means removed
Newey-West lags: 2 lags
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Statistic p-value
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Inverse chi-squared(56) P 79.2006 0.0223
Inverse normal Z 0.7498 0.7733
Inverse logit t(144) L* 0.8920 0.8131
Modified inv. chi-squared Pm 2.1922 0.0142
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P statistic requires number of panels to be finite.
Other statistics are suitable for finite or infinite number of panels.
这个PP检验怎么分析结果?平稳还是不平稳