Back to Article
Economic Impact of Some Determinant Factors of Nigerian Inflation Rate
Universal Journal of Finance and Economics
| Vol 1, Issue 1
Table 9. Exchange Rate Unit Root Test at Level
| Null Hypothesis: EXCH_RATE has a unit root |
| |||
| Exogenous: Constant |
|
| ||
| Lag Length: 0 (Automatic - based on AIC, maxlag=9) | ||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| t-Statistic | Prob.* |
|
|
|
|
|
|
|
|
|
|
|
|
| Augmented Dickey-Fuller test statistic | -0.104950 | 0.9428 | ||
| Test critical values: | 1% level |
| -3.577723 |
|
|
| 5% level |
| -2.925169 |
|
|
| 10% level |
| -2.600658 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| *MacKinnon (1996) one-sided p-values. |
| |||
|
|
|
|
|
|