PERRON97 results

[asemota omos]

please, could you help me with the interpretation of this result? i am partcularly concerned about the high positive(183.76) value of the coff the test parameter.

PERRON TEST FOR GROSS NATIONAL PRODUCT*
@PERRON97(TRANS=NONE,MODEL=IO2,LAGMAX=12,SIGNIF=0.05,METHOD=STUD,TRIM=0.15) LGNI 1957:1 2008:4
-------------------------------------------------------------------------
break date TB = 1972:01 statistic t(alpha==1) -3.87043
critical values at 1% 5% 10% 50% 90% 95% 99%
for 100 obs. -5.86 -5.19 -4.88 -3.60 -2.23 -1.87 -0.95
infinite sample -5.57 -4.91 -4.59 -3.47 -2.15 -1.86 -1.30
-------------------------------------------------------------------------
from 1957:01 to 2008:04 search limited from 1964:04 to 2001:01
number of lag retained : 12
---------------------------------------------------------
explained variable : LGNI
---------------------------------------------------------
coefficient student
---------------------------------------------------------
CONSTANT 0.23075 4.38558
DU 0.05874 4.12551
D(Tb) -0.01071 -0.86999
TIME 7.27295e-004 3.16764
DT -8.19141e-004 -3.89663
LGNI {1} 0.97937 183.76872
---------------------------------------------------------

[TomDoan]

please, could you help me with the interpretation of this result? i am partcularly concerned about the high positive(183.76) value of the coff the test parameter.

PERRON TEST FOR GROSS NATIONAL PRODUCT*
@PERRON97(TRANS=NONE,MODEL=IO2,LAGMAX=12,SIGNIF=0.05,METHOD=STUD,TRIM=0.15) LGNI 1957:1 2008:4
-------------------------------------------------------------------------
break date TB = 1972:01 statistic t(alpha==1) -3.87043
critical values at 1% 5% 10% 50% 90% 95% 99%
for 100 obs. -5.86 -5.19 -4.88 -3.60 -2.23 -1.87 -0.95
infinite sample -5.57 -4.91 -4.59 -3.47 -2.15 -1.86 -1.30
-------------------------------------------------------------------------
from 1957:01 to 2008:04 search limited from 1964:04 to 2001:01
number of lag retained : 12
---------------------------------------------------------
explained variable : LGNI
---------------------------------------------------------
coefficient student
---------------------------------------------------------
CONSTANT 0.23075 4.38558
DU 0.05874 4.12551
D(Tb) -0.01071 -0.86999
TIME 7.27295e-004 3.16764
DT -8.19141e-004 -3.89663
LGNI {1} 0.97937 183.76872
---------------------------------------------------------

In the future, please use an informative title. You're not sending a private e-mail.

That's the t-statistic for alpha=0.0, not for alpha=1.0. What you're seeing in that bottom table is just the standard regression output. The unit root test statistic (t-test for alpha=1) is in the first line of the output.

[asemota omos]

am sorry about that.. thanks for your prompt response..am grateful..