Panel Cointegration Tests Report

Panel Cointegration Tests

Number of cross-sections (N): {{ n_entities }}

Time periods (T): {{ n_periods }}

Total observations: {{ n_obs }}

{% if lags %}

Lags included: {{ lags }}

{% endif %}

{% if westerlund_results %}

{% for stat in westerlund_results %} {% endfor %}

Statistic	Value	Z-value	p-value	Decision
{{ stat.name }}	{{ stat.value\|number_format }}	{{ stat.z_value\|number_format }}	{{ stat.p_value\|pvalue_format }}	{% if stat.reject %} Cointegration {% else %} No Cointegration {% endif %}

Null hypothesis: No cointegration

Alternative: Cointegration exists

{% if westerlund_bootstrap %}

Bootstrap replications: {{ westerlund_bootstrap }}

{% endif %}

{% endif %} {% if pedroni_results %}

{% for test in pedroni_results %} {% endfor %}

Test	Statistic	p-value	Decision
{{ test.name }}	{{ test.statistic\|number_format }}	{{ test.p_value\|pvalue_format }}	{% if test.reject %} Cointegration {% else %} No Cointegration {% endif %}

Panel statistics: Assume common AR coefficients

Group statistics: Allow heterogeneous AR coefficients

{% endif %} {% if kao_results %}

Statistic	Value	p-value	Decision
ADF t-statistic	{{ kao_results.statistic\|number_format }}	{{ kao_results.p_value\|pvalue_format }}	{% if kao_results.reject %} Cointegration {% else %} No Cointegration {% endif %}

Null hypothesis: No cointegration

Method: DF/ADF type test on residuals

{% endif %}