8 - stationary tests

8 - stationary tests - Handout 8 Stationary Tests Economics...

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Economics 314 R.Baumann The following data are real per capita personal income and real per capita gross domestic product in the United States from 1969 to 2005, in 2000 dollars. year pc gdp pc inc year pc gdp pc inc 1969 18573 17998.89 1988 27514 25227.37 1970 18391 18129.82 1989 28221 25718.9 1971 18771 18461.54 1990 28429 25661.36 1972 19555 19432.23 1991 28007 25149.8 1973 20484 20287.8 1992 28556 25595.57 1974 20195 19933.98 1993 28940 25437.93 1975 19961 19754.99 1994 29741 25762.61 1976 20822 20440.05 1995 30128 26074.06 1977 21565 21041.93 1996 30881 26532.41 1978 22526 21775.9 1997 31886 27180.78 1979 22982 21693.4 1998 32833 28400.32 1980 22666 21136.3 1999 33904 28878.13 1981 23007 21304.3 2000 34759 29843 1982 22346 21297.48 2001 34659 29716.41 1983 23146 21815.46 2002 34866 29476.93 1984 24593 23022.43 2003 35403 29448.07 1985 25382 23618.29 2004 36356 30164.63 1986 26024 24261.97 2005 37127 30393.78 1987 26664 24617.32 0 5000 10000 15000 20000
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8 - stationary tests - Handout 8 Stationary Tests Economics...

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