Description Usage Arguments References Examples
A summary method for the pdols class
1 2 |
object |
An object of class pdols |
... |
Further arguments passed to or from other methods. |
Mark, N. C. and Sul, D. (2003), Cointegration Vector Estimation by Panel DOLS and Long-run Money Demand. Oxford Bulletin of Economics and Statistics, 65: 655-680. <DOI:10.1111/j.1468-0084.2003.00066.x>
1 2 3 4 5 6 7 |
There were 50 or more warnings (use warnings() to see the first 50)
________________________________________________
Reference:
Mark, Nelson C., and Donggyu Sul.
'Cointegration Vector Estimation by
Panel DOLS and Long-run Money Demand.'
Oxford Bulletin of Economics and Statistics 65.5
(2003): 655-680.
________________________________________________
S.E. Andrews : Standard error based on Andrews and Monahan's Pre-whitening method
S.E. Param : Standard error based on parametric correction
Call:
pdols(formula = Y ~ X + Z - 1, data = marksul2003, index = c("Country",
"Year"), p = 2, icase = "constant")
Model: y(it) = c(i) + A*X(it) + u(it)
Dynamic OLS for Single Equation
1 2 3 4 5
X 0.428055113 1.02048858 1.24669465 0.890260289 1.019295835
SE.Param 0.062550432 0.16275361 0.18087116 0.399045143 0.419478192
SE.Andrews 0.053471543 0.14793959 0.17632677 0.496531265 0.351812544
Z -0.034852341 -0.06194444 -0.05711850 0.008920622 -0.005855266
SE.Param 0.006542102 0.01640460 0.01951350 0.081738573 0.022727578
SE.Andrews 0.005592548 0.01491144 0.01902322 0.101707182 0.019061413
6 7 8 9 10
X 0.594624485 0.50608153 0.51730599 1.202652382 0.926970883
SE.Param 0.110913820 0.09392824 0.11554677 0.079267081 0.101002544
SE.Andrews 0.111861606 0.09625015 0.09388876 0.079842255 0.080194149
Z -0.010020257 0.02214744 -0.03725921 -0.030108534 -0.043507870
SE.Param 0.003741674 0.01224244 0.01406028 0.007178824 0.008514749
SE.Andrews 0.003773648 0.01254507 0.01142483 0.007230914 0.006760553
11 12 13 14 15
X 1.34885907 1.738199222 0.901518252 0.134634933 1.459558834
SE.Param 0.40987373 0.356726849 0.130204734 0.163719066 0.139810731
SE.Andrews 0.38793300 0.093499504 0.128029412 0.162707475 0.129064120
Z -0.07609720 -0.089422225 -0.009369903 0.008864251 -0.042885679
SE.Param 0.01976808 0.028480024 0.027411521 0.029399030 0.007757596
SE.Andrews 0.01870989 0.007464726 0.026953559 0.029217379 0.007161306
16 17 18 19
X 0.67675819 1.547416792 1.11184850 2.63847419
SE.Param 0.11370613 0.141442820 0.09362214 0.34462988
SE.Andrews 0.12220110 0.033078975 0.08482905 0.32946915
Z 0.01013685 -0.018675877 -0.04544044 -0.15981970
SE.Param 0.01051349 0.033464510 0.01673266 0.03507271
SE.Andrews 0.01129895 0.007826284 0.01516111 0.03352982
Pooled OLS - Common Time Effects
PDOLS SE.Param SE.Andrews
X 0.81999125 0.100014907 0.094795637
Z -0.01685035 0.004560647 0.004239771
Pooled OLS - Ordinary
PDOLS SE.Param SE.Andrews
X 0.85997167 0.129775371 0.142303597
Z -0.02031017 0.005413562 0.005503796
Add the following code to your website.
For more information on customizing the embed code, read Embedding Snippets.