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    Econometric: Panel Data: Descriptive Statistics: Variables Mean Median Maximum Minimum STD - Dev. Fdi GDP Exp Imp Inf

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    khurram36
    The document contains descriptive statistics and results from unit root and panel data tests for several macroeconomic variables. It finds: 1) The variables like FDI, GDP, exports, imports and inflation have varying means, medians, maximum and minimum values based on the descriptive statistics table. 2) Unit root tests show some variables like GDP, exports and imports are stationary at levels while FDI and inflation require first differencing to achieve stationarity. 3) Panel data analysis finds GDP to be statistically significant in explaining other variables like exports, imports and inflation based on the F-statistics and probability values reported.

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    Econometric: Panel Data: Descriptive Statistics: Variables Mean Median Maximum Minimum STD - Dev. Fdi GDP Exp Imp Inf

    Uploaded by

    khurram36
    13 views3 pages
    The document contains descriptive statistics and results from unit root and panel data tests for several macroeconomic variables. It finds: 1) The variables like FDI, GDP, exports, imports and inflation have varying means, medians, maximum and minimum values based on the descriptive statistics table. 2) Unit root tests show some variables like GDP, exports and imports are stationary at levels while FDI and inflation require first differencing to achieve stationarity. 3) Panel data analysis finds GDP to be statistically significant in explaining other variables like exports, imports and inflation based on the F-statistics and probability values reported.

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    The document contains descriptive statistics and results from unit root and panel data tests for several macroeconomic variables. It finds: 1) The variables like FDI, GDP, exports, imports and inflation have varying means, medians, maximum and minimum values based on the descriptive statistics table. 2) Unit root tests show some variables like GDP, exports and imports are stationary at levels while FDI and inflation require first differencing to achieve stationarity. 3) Panel data analysis finds GDP to be statistically significant in explaining other variables like exports, imports and inflation based on the F-statistics and probability values reported.

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    © All Rights Reserved
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    13 views3 pages

    Econometric: Panel Data: Descriptive Statistics: Variables Mean Median Maximum Minimum STD - Dev. Fdi GDP Exp Imp Inf

    Uploaded by

    khurram36
    The document contains descriptive statistics and results from unit root and panel data tests for several macroeconomic variables. It finds: 1) The variables like FDI, GDP, exports, imports and inflation have varying means, medians, maximum and minimum values based on the descriptive statistics table. 2) Unit root tests show some variables like GDP, exports and imports are stationary at levels while FDI and inflation require first differencing to achieve stationarity. 3) Panel data analysis finds GDP to be statistically significant in explaining other variables like exports, imports and inflation based on the F-statistics and probability values reported.

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    of 3

    ECONOMETRIC:

    Panel Data
    Descriptive statistics:
    Variables
    Fdi
    Gdp
    Exp
    Imp
    Inf

    Mean

    Median

    Maximum

    Minimum

    Std.dev.

    3.414965
    9.322989
    12.08132
    32.83538
    9.754870

    0.857250
    6.069552
    11.07330
    23.29154
    7.019743

    74.08560
    75.78406
    78.05703
    100.5974
    74.08506

    -0.191275
    -7.359415
    -15.25955
    1.055556
    -18.10863

    9.044374
    11.89501
    12.95778
    23.87776
    12.42545

    Unit root test.

    VARIABLES

    Test

    levels

    statistics

    probity

    Fdi

    LEVIN,LIN&CHU t*
    Im,pesaran and shin
    W-stat
    LEVIN,LIN&CHU t*
    Im,pesaran and shin
    W-stat
    LEVIN,LIN&CHU t*
    Im,pesaran and shin
    W-stat
    LEVIN,LIN&CHU t*
    Im,pesaran and shin
    W-stat
    LEVIN,LIN&CHU t*
    Im,pesaran and shin
    W-stat

    Level

    -2.81252
    -1.21836

    0.0025
    0.1115

    level

    -7.76708
    -8.38705

    0.0000
    0.0000

    Level

    -5.57410
    -8.60000

    0.0000
    0.0000

    Ist
    differenc
    e
    Level

    -9.87013
    -10.0575

    0.0000
    0.0000

    -6.07202
    -6.20437

    0.0000
    0.0000

    Gdp

    Exp

    Imp

    Inf

    Pan anal analysis:FIXED


    Gdp

    Probity
    Adjusted
    R-squ

    0.0000

    RANDOM
    Exp

    Imp

    0.0000

    0.0075

    Inf
    0.0000
    0

    0.52714
    0

    0.43966
    4

    .403711

    0.58202
    9

    GDP
    0.5889
    0.00387
    7

    Exp
    0.0000

    0.129118

    Imp

    Inf

    0.0074

    0.0000

    0.02776
    9

    0.14256
    5

    F-statistic
    Coefficien
    t
    DurbinWatson
    stat

    32.9108
    6

    23.2642
    4

    0.42989
    0
    1.118577

    20.54953

    39.11995

    0.100401

    0.46318
    2
    0.89852
    5

    1.891182

    0.188511
    0.585451
    1.03591
    7

    34.6553
    7
    0.21218
    9

    0.02510
    6
    0.58382
    6

    1.34394
    8

    7.59787
    6

    37.4130
    1

    0.09557
    7

    0.32088
    4
    0.84555
    6

    0.70480
    8

    Time series
    Descriptive statistics:Variables
    GDP
    FDI
    Inf

    mean
    1.005817
    4.616149

    Median

    Maximum

    minimum

    Std.dev.

    0.677094
    4.846321

    3.668323
    7.705898

    0.102667
    1.014396

    0.877341
    1.992356

    Unit root test:VARIABLE

    METHOD

    Levels

    statistics

    probity

    Fdi

    Augmented Dickeyfuller test statistics


    Augmented Dickeyfuller test statistics

    Ist
    Difference
    Level

    -4.511180

    0.0018

    -3.371346

    0.0203

    GDP

    Johnson co integration
    No. of CE(s)
    None *
    At most 1 *

    Eigenvalue
    0.347264
    0.244213

    Statistic
    20.49077
    8.119871

    Critical Value
    15.49471
    3.841466

    Prob.**
    0.0081
    0.0044

    Error correction test

    Variable
    D(GDP)
    FDI(-1)
    GDP(-1)

    Coefficient
    0.073632
    -0.104078
    0.161702

    Prob.
    0.1436
    0.3005
    0.0033

    Adjusted Rsquared
    0.287314

    Durbin-Watson
    stat
    1.579029

    F-statistic

    4.897052

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