1. Lagrange-multiplier test | |||
---|---|---|---|
Lag | chi2 | Df | Prob > chi2 |
1 | 22.8769 | 16 | 0.11707 |
2 | 15.1440 | 16 | 0.51412 |
3 | 19.8668 | 16 | 0.22628 |
H0: no autocorrelation at lag order | Â | Â | Â |
2. Jarque–Bera test | |||
---|---|---|---|
Equation | chi2 | Df | Prob > chi2 |
D_LnGDP | 18.403 | 2 | 0.00010 |
D_LnImp | 0.755 | 2 | 0.68551 |
D_LnExp | 0.035 | 2 | 0.98250 |
D_LnExc | 188.728 | Â | 0.00000 |
ALL | 207.9228 | Â | 0.00000 |
3. Eigenvalue stability condition | Â | Â | |
---|---|---|---|
Eigenvalue | Modulus | Â | Â |
1 | 1 | Â | Â |
1 | 1 | Â | Â |
.8680318 + .2828535i | .912954 |  |  |
.8680318 − .2828535i | .912954 |  |  |
.2273012 + .625078i | .665123 |  |  |
.2273012 − .625078i | .665123 |  |  |
− .5103092 + .3787514i | .635506 |  |  |
− .5103092 − .3787514i | .635506 |  |  |
− .1956455 + .2143349i | .290201 |  |  |
− .1956455 − .2143349i | .290201 |  |  |
.2189128 + .1381575i | .258863 |  |  |
.2189128 − .1381575i | .258863 |  |  |
The VECM specification imposes 2 unit moduli | Â | Â | Â |