Null Hypothesis: INPP has a unit root

Exogenous: Constant, Linear Trend

Lag Length: 9 (Automatic - based on SIC, maxlag=10)
t-Statistic
Augmented Dickey-Fuller test statistic
Test critical values:
1% level
5% level
10% level
*MacKinnon (1996) one-sided p-values.

Prob.*

-5.374105
-4.186481
-3.51809
-3.189732

0.0004

Augmented Dickey-Fuller Test Equation

Dependent Variable: D(INPP)
Method: Least Squares
Date: 12/01/14 Time: 01:35
Sample (adjusted): 2011M04 2014M10
Included observations: 43 after adjustments
Variable

Coefficient

INPP(-1)
D(INPP(-1))
D(INPP(-2))
D(INPP(-3))
D(INPP(-4))
D(INPP(-5))
D(INPP(-6))
D(INPP(-7))
D(INPP(-8))
D(INPP(-9))
C
@TREND(2010M06)

-1.315854
0.706725
0.310001
0.765741
0.650388
1.105531
0.723936
1.344607
0.642736
0.814022
122.0996
0.03447

R-squared
Adjusted R-squared
S.E. of regression
Sum squared resid
Log likelihood
F-statistic
Prob(F-statistic)

0.715172
0.614103
5.183394
832.8948
-124.7341
7.076132
0.000008

Std. Error
0.244851
0.22687
0.212932
0.225852
0.219405
0.229442
0.239547
0.224727
0.197573
0.177494
22.81436
0.067538

t-Statistic
-5.374105
3.11511
1.455872
3.390457
2.964329
4.818341
3.022108
5.983293
3.253152
4.586191
5.351874
0.510383

Mean dependent var

S.D. dependent var
Akaike info criterion
Schwarz criterion
Hannan-Quinn criter.
Durbin-Watson stat

Prob.
0
0.0039
0.1555
0.0019
0.0058
0
0.005
0
0.0028
0.0001
0
0.6134
0.372469
8.344086
6.359724
6.851222
6.540973
1.723373

Null Hypothesis: D(INPP) has a unit root

Exogenous: Constant, Linear Trend
Lag Length: 10 (Automatic - based on SIC, maxlag=10)
t-Statistic
Augmented Dickey-Fuller test statistic
Test critical values:
1% level
5% level
10% level
*MacKinnon (1996) one-sided p-values.

-3.355911
-4.198503
-3.523623
-3.192902

root
d
maxlag=10)
Prob.*
0.0717

Null Hypothesis: INPP has a unit root

Exogenous: Constant, Linear Trend
Bandwidth: 2 (Newey-West automatic) using Bartlett kernel
Adj. t-Stat
Phillips-Perron test statistic
Test critical values:
1% level
5% level
10% level
*MacKinnon (1996) one-sided p-values.

Prob.*

-3.706554
-4.144584
-3.498692
-3.178578

0.0307

Null Hypothesis: D(INPP) has a unit root

Exogenous: Constant, Linear Trend
Bandwidth: 27 (Newey-West automatic) using Bartlett kernel
Adj. t-Stat
Phillips-Perron test statistic
Test critical values:
1% level
5% level
10% level
*MacKinnon (1996) one-sided p-values.

-17.68788
-4.148465
-3.500495
-3.179617

Prob.*
0