Augmented Dickey-Fuller Unit Root Test on LVBR

Null Hypothesis: LVBR has a unit root

Exogenous: Constant
Lag Length: 0 (Automatic - based on SIC, maxlag=6)

t-Statistic Prob.*

Augmented Dickey-Fuller test statistic -2.086195 0.2513

Test critical values: 1% level -3.699871
5% level -2.976263
10% level -2.627420

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

Augmented Dickey-Fuller Test Equation

Dependent Variable: D(LVBR)
Method: Least Squares
Date: 11/26/20 Time: 17:31
Sample (adjusted): 1996 2022
Included observations: 27 after adjustments

Variable Coefficient Std. Error t-Statistic Prob.

LVBR(-1) -0.113941 0.054617 -2.086195 0.0473

C 0.655492 0.307682 2.130423 0.0432

R-squared 0.148275 Mean dependent var 0.013741

Adjusted R-squared 0.114206 S.D. dependent var 0.034536
S.E. of regression 0.032504 Akaike info criterion -3.943690
Sum squared resid 0.026414 Schwarz criterion -3.847702
Log likelihood 55.23982 Hannan-Quinn criter. -3.915148
F-statistic 4.352211 Durbin-Watson stat 2.124817
Prob(F-statistic) 0.047321