Panel Cointegration-Test (Pedroni)
Posted: Fri Apr 23, 2010 10:53 am
Hi!
I've problems interpreting the Pedroni-Test output.
The results suggest rejection of the null of no cointegration for the panel-statistics but provides totally different results for the group-statistics that can't find cointegration.
I'm looking very forward to any ideas of how to explain this outcome.
Regards,
Kristin
I've problems interpreting the Pedroni-Test output.
The results suggest rejection of the null of no cointegration for the panel-statistics but provides totally different results for the group-statistics that can't find cointegration.
I'm looking very forward to any ideas of how to explain this outcome.
Regards,
Kristin