Figure 6: Long-run patterns of substitution elasticities of healthy and unhealthy food categories.
Table 1: Cointegration rank test statistics for AI system applied to Italian survey data with regional
(1a) and national price indices (1b)
Specification 1a - Regional price index.
|
H0 |
Johansen Trace Statistic Test |
S&L Cointegration Test | ||
|
r=0 |
137.19 |
[0.000] |
108.43 |
[0.000] |
|
r=1 |
78.41 |
[0.037] |
58.89 |
[0.061] |
|
r=2 |
50.95 |
[0.092] |
34.99 |
[0.152] |
|
r=3 |
27.51 |
[0.267] |
17.62 |
[0.277] |
|
r=4 |
9.97 |
[0.647] |
5.03 |
[0.566] |
|
r=5 |
3.56 |
[0.493] |
0.46 |
[0.556] |
Specification 1b - National price index.
|
H0 |
Johansen Trace Statistic Test |
S&L Cointegration Test | ||
|
r=0 |
144.68 |
[0.000] |
92.14 |
[0.010] |
|
r=1 |
79.75 |
[0.028] |
61.55 |
[0.036] |
|
r=2 |
38.40 |
[0.557] |
33.36 |
[0.207] |
|
r=3 |
18.94 |
[0.787] |
13.96 |
[0.547] |
|
r=4 |
9.96 |
[0.649] |
6.16 |
[0.421] |
|
r=5 |
3.38 |
[0.523] |
0.05 |
[0.867] |
Notes: r is number of cointegrating relations. Johansen trace tests and Saikkonen & LUtkepohl tests
are reported for identification of AI model. These values are estimated with a V AR(3) with restricted
intercepts and no trends in six endogenous variables w1 , w2, logp1 , logp2 , logp3 and log(Y /p). Seasonal
centred dummies are included. P-values of the are shown in square brackets.
38
More intriguing information
1. The name is absent2. BARRIERS TO EFFICIENCY AND THE PRIVATIZATION OF TOWNSHIP-VILLAGE ENTERPRISES
3. Wirtschaftslage und Reformprozesse in Estland, Lettland, und Litauen: Bericht 2001
4. The name is absent
5. Top-Down Mass Analysis of Protein Tyrosine Nitration: Comparison of Electron Capture Dissociation with “Slow-Heating” Tandem Mass Spectrometry Methods
6. Menarchial Age of Secondary School Girls in Urban and Rural Areas of Rivers State, Nigeria
7. The name is absent
8. The name is absent
9. Trade Liberalization, Firm Performance and Labour Market Outcomes in the Developing World: What Can We Learn from Micro-LevelData?
10. Stakeholder Activism, Managerial Entrenchment, and the Congruence of Interests between Shareholders and Stakeholders