-------------
      name:  <unnamed>
       log:  /Users/robertyaffee/Documents/data/research/chwk/phase3/panel/panelunitroot.smcl
  log type:  smcl
 opened on:  30 May 2012, 15:42:18

. xtunitroot ht radhlw if id !=86

Harris-Tzavalis unit-root test for radhlw
-----------------------------------------
Ho: Panels contain unit roots               Number of panels  =     702
Ha: Panels are stationary                   Number of periods =       3

AR parameter: Common                        Asymptotics: N -> Infinity
Panel means:  Included                                   T Fixed
Time trend:   Not included
------------------------------------------------------------------------------
                    Statistic         z         p-value
------------------------------------------------------------------------------
 rho                  0.0932       -5.7870       0.0000
------------------------------------------------------------------------------

. xtunitroot ht radhlw if id !=86, demean

Harris-Tzavalis unit-root test for radhlw
-----------------------------------------
Ho: Panels contain unit roots               Number of panels  =     702
Ha: Panels are stationary                   Number of periods =       3

AR parameter: Common                        Asymptotics: N -> Infinity
Panel means:  Included                                   T Fixed
Time trend:   Not included                  Cross-sectional means removed
------------------------------------------------------------------------------
                    Statistic         z         p-value
------------------------------------------------------------------------------
 rho                  0.0904       -5.8890       0.0000
------------------------------------------------------------------------------

. xtunitroot ht radhlw if id !=86, demean trend

Harris-Tzavalis unit-root test for radhlw
-----------------------------------------
Ho: Panels contain unit roots               Number of panels  =     702
Ha: Panels are stationary                   Number of periods =       3

AR parameter: Common                        Asymptotics: N -> Infinity
Panel means:  Included                                   T Fixed
Time trend:   Included                      Cross-sectional means removed
------------------------------------------------------------------------------
                    Statistic         z         p-value
------------------------------------------------------------------------------
 rho                  0.0000       15.2971       1.0000
------------------------------------------------------------------------------

. help xtunitroot

. xtunitroot breitung radhlw if id !=86, demean

Breitung unit-root test for radhlw
------------------------------------
Ho: Panels contain unit roots               Number of panels  =     702
Ha: Panels are stationary                   Number of periods =       3

AR parameter: Common                        Asymptotics:  T,N -> Infinity
Panel means:  Included                                        sequentially
Time trend:   Not included                  Prewhitening: Not performed
                                            Cross-sectional means removed
------------------------------------------------------------------------------
                    Statistic      p-value
------------------------------------------------------------------------------
 lambda               7.6370        1.0000
------------------------------------------------------------------------------

. xtunitroot breitung radhlw if id !=86, demean trend

Breitung unit-root test for radhlw
------------------------------------
Ho: Panels contain unit roots               Number of panels  =     702
Ha: Panels are stationary                   Number of periods =       3

AR parameter: Common                        Asymptotics:  T,N -> Infinity
Panel means:  Included                                        sequentially
Time trend:   Included                      Prewhitening: Not performed
                                            Cross-sectional means removed
------------------------------------------------------------------------------
                    Statistic      p-value
------------------------------------------------------------------------------
 lambda                    .             .
------------------------------------------------------------------------------

. xtunitroot breitung radhlw if id !=86, robust
robust test statistic requires more time periods net of lags than panels
r(498);

. xtunitroot breitung radhlw if id !=86, robust lags(1)
robust test statistic requires more time periods net of lags than panels
r(498);

. xtunitroot breitung radhlw if id !=86, noconstant

Breitung unit-root test for radhlw
------------------------------------
Ho: Panels contain unit roots               Number of panels  =     702
Ha: Panels are stationary                   Number of periods =       3

AR parameter: Common                        Asymptotics:  T,N -> Infinity
Panel means:  Not included                                    sequentially
Time trend:   Not included                  Prewhitening: Not performed
------------------------------------------------------------------------------
                    Statistic      p-value
------------------------------------------------------------------------------
 lambda              -2.8732        0.0020
------------------------------------------------------------------------------

.  xtunitroot fisher radhlw if id !=86, dfuller  lags(1) demean
performing unit-root test on first panel using the syntax
dfuller radhlw, lags(1)
returned error code 2001
r(2001);

.  xtunitroot fisher radhlw if id !=86, pperron  lags(1) demean

Fisher-type unit-root test for radhlw
Based on Phillips-Perron tests
-------------------------------------
Ho: All panels contain unit roots           Number of panels  =     702
Ha: At least one panel is stationary        Number of periods =       3

AR parameter:    Panel-specific             Asymptotics: T -> Infinity
Panel means:     Included
Time trend:      Not included               Cross-sectional means removed
Newey-West lags: 1 lag
------------------------------------------------------------------------------
                                  Statistic      p-value
------------------------------------------------------------------------------
 Inverse chi-squared(1404) P         0.0000       1.0000
 Inverse normal            Z              .            .
 Inverse logit t(4)        L*             .            .
 Modified inv. chi-squared Pm      -26.4953       1.0000
------------------------------------------------------------------------------
 P statistic requires number of panels to be finite.
 Other statistics are suitable for finite or infinite number of panels.
------------------------------------------------------------------------------

.  xtunitroot fisher radhlw if id !=86, pperron  lags(1) demean trened
option trened not allowed
r(198);

.  xtunitroot fisher radhlw if id !=86, pperron  lags(1) demean trend

Fisher-type unit-root test for radhlw
Based on Phillips-Perron tests
-------------------------------------
Ho: All panels contain unit roots           Number of panels  =     702
Ha: At least one panel is stationary        Number of periods =       3

AR parameter:    Panel-specific             Asymptotics: T -> Infinity
Panel means:     Included
Time trend:      Included                   Cross-sectional means removed
Newey-West lags: 1 lag
------------------------------------------------------------------------------
                                  Statistic      p-value
------------------------------------------------------------------------------
 Inverse chi-squared(1404) P         0.0000       1.0000
 Inverse normal            Z              .            .
 Inverse logit t(4)        L*             .            .
 Modified inv. chi-squared Pm      -26.4953       1.0000
------------------------------------------------------------------------------
 P statistic requires number of panels to be finite.
 Other statistics are suitable for finite or infinite number of panels.
------------------------------------------------------------------------------

.  xtunitroot hadri radhlw if id !=86

Hadri LM test for radhlw
--------------------------
Ho: All panels are stationary               Number of panels  =     702
Ha: Some panels contain unit roots          Number of periods =       3

Time trend:         Not included            Asymptotics: T, N -> Infinity
Heteroskedasticity: Not robust                                sequentially
LR variance:        (not used)
------------------------------------------------------------------------------
                    Statistic      p-value
------------------------------------------------------------------------------
 z                    4.6356        0.0000
------------------------------------------------------------------------------

.  xtunitroot hadri radhlw if id !=86, trend

Hadri LM test for radhlw
--------------------------
Ho: All panels are stationary               Number of panels  =     702
Ha: Some panels contain unit roots          Number of periods =       3

Time trend:         Included                Asymptotics: T, N -> Infinity
Heteroskedasticity: Not robust                                sequentially
LR variance:        (not used)
------------------------------------------------------------------------------
                    Statistic      p-value
------------------------------------------------------------------------------
 z                  -18.7875        1.0000
------------------------------------------------------------------------------

.  xtunitroot hadri radhlw if id !=86, trend robust

Hadri LM test for radhlw
--------------------------
Ho: All panels are stationary               Number of panels  =     702
Ha: Some panels contain unit roots          Number of periods =       3

Time trend:         Included                Asymptotics: T, N -> Infinity
Heteroskedasticity: Robust                                    sequentially
LR variance:        (not used)
------------------------------------------------------------------------------
                    Statistic      p-value
------------------------------------------------------------------------------
 z                  -31.8812        1.0000
------------------------------------------------------------------------------

. help xtunitroot

.  xtunitroot hadri radhlw if id !=86, nwest kernel(bartlet)
option nwest not allowed
r(198);

.  xtunitroot hadri radhlw if id !=86, lags(1) kernel(bartlet)
option lags() not allowed
r(198);

.  xtunitroot hadri radhlw if id !=86,  kernel(bartlet)

Hadri LM test for radhlw
--------------------------
Ho: All panels are stationary               Number of panels  =     702
Ha: Some panels contain unit roots          Number of periods =       3

Time trend:         Not included            Asymptotics: T, N -> Infinity
Heteroskedasticity: Robust                                    sequentially
LR variance:        Bartlett kernel, 1 lag
------------------------------------------------------------------------------
                    Statistic      p-value
------------------------------------------------------------------------------
 z                   29.7070        0.0000
------------------------------------------------------------------------------

.  xtunitroot hadri radhlw if id !=86,  kernel(bartlet) trend

Hadri LM test for radhlw
--------------------------
Ho: All panels are stationary               Number of panels  =     702
Ha: Some panels contain unit roots          Number of periods =       3

Time trend:         Included                Asymptotics: T, N -> Infinity
Heteroskedasticity: Robust                                    sequentially
LR variance:        Bartlett kernel, 1 lag
------------------------------------------------------------------------------
                    Statistic      p-value
------------------------------------------------------------------------------
 z                  169.3885        0.0000
------------------------------------------------------------------------------

.  xtunitroot hadri radhlw if id !=86,  kernel(bartlet) trend demean

Hadri LM test for radhlw
--------------------------
Ho: All panels are stationary               Number of panels  =     702
Ha: Some panels contain unit roots          Number of periods =       3

Time trend:         Included                Asymptotics: T, N -> Infinity
Heteroskedasticity: Robust                                    sequentially
LR variance:        Bartlett kernel, 1 lag  Cross-sectional means removed
------------------------------------------------------------------------------
                    Statistic      p-value
------------------------------------------------------------------------------
 z                  169.3885        0.0000
------------------------------------------------------------------------------

. log close
      name:  <unnamed>
       log:  /Users/robertyaffee/Documents/data/research/chwk/phase3/panel/panelunitroot.smcl
  log type:  smcl
 closed on:  30 May 2012, 15:52:22
-------------