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2012 Feb 03
1
A question on Unit Root Test using "urca" toolbox
Hello, I have a question on unit root test with urca toolbox. First, to run a unit root test with lags selected by BIC, I type: > CPILD4UR<-ur.df(x1$CPILD4[5:nr1], type ="drift", lags=12, selectlags ="BIC") > summary(CPILD4UR) The results indicate that the optimal lags selected by BIC is 4. Then I run the same unit root test with drift and 4 lags: > CPILD4UR1<-ur.df(x1$CPILD4[5:nr1], type =&quo...