单位根检验结果

单位根检验结果

Null Hypothesis:

GDP

has a unit root

Exogenous: Constant

Lag Length: 0 (Automatic based on SIC, MAXLAG=5)

t-Statistic

-1.231559

-3.737853

-2.991878

-2.635542

Prob.*

0.6433

Augmented Dickey-Fuller test statistic

Test critical values:

1% level

5% level

10% level

*MacKinnon (1996) one-sided p-values.

Null Hypothesis:

GDZC

has a unit root

Exogenous: Constant

Prob.*

0.1066

Lag Length: 1 (Automatic based on SIC, MAXLAG=5)

t-Statistic

-2.604002

-3.752946

-2.998064

-2.638752

Augmented Dickey-Fuller test statistic

Test critical values:

1% level

5% level

10% level

*MacKinnon (1996) one-sided p-values.

Null Hypothesis:

JMXF

has a unit root

Exogenous: Constant

Prob.*

0.1864

Lag Length: 1 (Automatic based on SIC, MAXLAG=5)

t-Statistic

-2.279550

-3.752946

-2.998064

-2.638752

Augmented Dickey-Fuller test statistic

Test critical values:

1% level

5% level

10% level

*MacKinnon (1996) one-sided p-values.

单位根检验结果（一阶差分）

Null Hypothesis: D(

GDP

) has a unit root

Exogenous: Constant

Lag Length: 0 (Automatic based on SIC, MAXLAG=5)

t-Statistic

-3.753186

-3.752946

-2.998064

-2.638752

Prob.*

0.0100

Augmented Dickey-Fuller test statistic

Test critical values:

1% level

5% level

10% level

*MacKinnon (1996) one-sided p-values.

Null Hypothesis: D(

GDZC)

has a unit root

Exogenous: Constant

Lag Length: 0 (Automatic based on SIC, MAXLAG=5)

t-Statistic

-2.217824

-3.752946

-2.998064

-2.638752

Prob.*

0.2057

Augmented Dickey-Fuller test statistic

Test critical values:

1% level

5% level

10% level

*MacKinnon (1996) one-sided p-values.

Null Hypothesis:

D(JMXF)

has a unit root

Exogenous: Constant

Lag Length: 0 (Automatic based on SIC, MAXLAG=5)

Test critical values:

1% level

5% level

10% level

t-Statistic

-2.350094

-3.752946

-2.998064

-2.638752

Prob.*

0.1660

Augmented Dickey-Fuller test statistic

*MacKinnon (1996) one-sided p-values.

二阶

Null Hypothesis: D(

GDP

,2) has a unit root

Exogenous: Constant

Lag Length: 0 (Automatic based on SIC, MAXLAG=5)

t-Statistic

-7.641185

-3.769597

-3.004861

-2.642242

Prob.*

0.0000

Augmented Dickey-Fuller test statistic

Test critical values:

1% level

5% level

10% level

*MacKinnon (1996) one-sided p-values.

Null Hypothesis: D(

GDZC,

2) has a unit root

Exogenous: Constant

Prob.*

0.0055

Lag Length: 0 (Automatic based on SIC, MAXLAG=5)

t-Statistic

-4.036796

-3.769597

-3.004861

-2.642242

Augmented Dickey-Fuller test statistic

Test critical values:

1% level

5% level

10% level

*MacKinnon (1996) one-sided p-values.

Null Hypothesis:

D(JMXF,2)

has a unit root

Exogenous: Constant

Prob.*

0.0013

Lag Length: 0 (Automatic based on SIC, MAXLAG=5)

t-Statistic

-4.676173

Augmented Dickey-Fuller test statistic