Suku Bunga
B. Saran
4. Uji ADF dan PP test Singapura a. Uji ADF Tingkat Level
1). Velosity Of Money (V2)
2). JUB (M2)
3). Inflasi
Null Hypothesis: D(PE) has a unit root Exogenous: Constant
Bandwidth: 12 (Newey-West automatic) using Bartlett kernel
Adj. t-Stat Prob.*
Phillips-Perron test statistic -12.33307 0.0001 Test critical values: 1% level -3.527045
5% level -2.903566
10% level -2.589227
*MacKinnon (1996) one-sided p-values.
Residual variance (no correction) 0.476787
HAC corrected variance (Bartlett kernel) 0.183085
Null Hypothesis: V2 has a unit root Exogenous: Constant
Lag Length: 4 (Automatic - based on AIC, maxlag=4)
t-Statistic Prob.*
Augmented Dickey-Fuller test statistic -1.679802 0.4368 Test critical values: 1% level -3.531592
5% level -2.905519
10% level -2.590262
Null Hypothesis: M2 has a unit root Exogenous: Constant
Lag Length: 1 (Automatic - based on AIC, maxlag=4)
t-Statistic Prob.*
Augmented Dickey-Fuller test statistic 0.384340 0.9809 Test critical values: 1% level -3.527045
5% level -2.903566
10% level -2.589227
118 4). Suku Bunga
5). Tax Revenue
6). Pertumbuhan Ekonomi
Null Hypothesis: INF has a unit root Exogenous: Constant
Lag Length: 0 (Automatic - based on AIC, maxlag=4)
t-Statistic Prob.*
Augmented Dickey-Fuller test statistic -5.405735 0.0000 Test critical values: 1% level -3.525618
5% level -2.902953
10% level -2.588902
Null Hypothesis: SUKU_BUNGA has a unit root Exogenous: Constant
Lag Length: 3 (Automatic - based on AIC, maxlag=4)
t-Statistic Prob.*
Augmented Dickey-Fuller test statistic -2.096892 0.2466 Test critical values: 1% level -3.530030
5% level -2.904848
10% level -2.589907
Null Hypothesis: TAXREV has a unit root Exogenous: Constant
Lag Length: 3 (Automatic - based on AIC, maxlag=4)
t-Statistic Prob.*
Augmented Dickey-Fuller test statistic -0.685147 0.8431 Test critical values: 1% level -3.530030
5% level -2.904848
10% level -2.589907
Null Hypothesis: PE has a unit root Exogenous: Constant
Lag Length: 4 (Automatic - based on AIC, maxlag=4)
t-Statistic Prob.*
Augmented Dickey-Fuller test statistic -2.617589 0.0945 Test critical values: 1% level -3.531592
5% level -2.905519
10% level -2.590262
119 Uji PP test Tingkat Level
1). Velosity Of Money (V2)
2). JUB (M2)
3). Inflasi
4). Suku Bunga
Null Hypothesis: V2 has a unit root Exogenous: Constant
Bandwidth: 6 (Newey-West automatic) using Bartlett kernel
Adj. t-Stat Prob.*
Phillips-Perron test statistic -1.797017 0.3791 Test critical values: 1% level -3.525618
5% level -2.902953
10% level -2.588902
Null Hypothesis: M2 has a unit root Exogenous: Constant
Bandwidth: 4 (Newey-West automatic) using Bartlett kernel
Adj. t-Stat Prob.*
Phillips-Perron test statistic 0.717945 0.9918 Test critical values: 1% level -3.525618
5% level -2.902953
10% level -2.588902
Null Hypothesis: INF has a unit root Exogenous: Constant
Bandwidth: 1 (Newey-West automatic) using Bartlett kernel
Adj. t-Stat Prob.*
Phillips-Perron test statistic -5.454208 0.0000 Test critical values: 1% level -3.525618
5% level -2.902953
10% level -2.588902
Null Hypothesis: SUKU_BUNGA has a unit root Exogenous: Constant
Bandwidth: 5 (Newey-West automatic) using Bartlett kernel
Adj. t-Stat Prob.*
Phillips-Perron test statistic -2.001785 0.2855 Test critical values: 1% level -3.525618
5% level -2.902953
10% level -2.588902
120 5). Tax Revenue
6). Pertumbuhan Ekonomi
b. Uji ADF dan PP Tingkat First Difference Singapura Uji ADF Tingkat First Difference
1). Velosity of Money (V2)
2). JUB (M2)
Null Hypothesis: TAXREV has a unit root Exogenous: Constant
Bandwidth: 3 (Newey-West automatic) using Bartlett kernel
Adj. t-Stat Prob.*
Phillips-Perron test statistic -2.567561 0.1045 Test critical values: 1% level -3.525618
5% level -2.902953
10% level -2.588902
Null Hypothes is : PE has a unit root Exogenous : Cons tant
Bandwidth: 3 (Newey-Wes t autom atic) us ing Bartlett kernel
Adj. t-Stat Prob.*
Phillips -Perron tes t s tatis tic -3.460322 0.0120
Tes t critical values : 1% level -3.525618
5% level -2.902953
10% level -2.588902
Null Hypothesis: D(V2) has a unit root Exogenous: Constant
Lag Length: 4 (Automatic - based on AIC, maxlag=4)
t-Statistic Prob.*
Augmented Dickey-Fuller test statistic -3.859558 0.0039
Test critical values: 1% level -3.533204
5% level -2.906210
10% level -2.590628
Null Hypothesis: D(M2) has a unit root Exogenous: Constant
Lag Length: 0 (Automatic - based on AIC, maxlag=4)
t-Statistic Prob.*
Augmented Dickey-Fuller test statistic -5.082520 0.0001 Test critical values: 1% level -3.527045
5% level -2.903566
10% level -2.589227
121 3). Inflasi
4). Suku Bunga
5). Tax Revenue
6). Pertumbuhan Ekonomi
Null Hypothesis: D(INF) has a unit root Exogenous: Constant
Lag Length: 2 (Automatic - based on AIC, maxlag=4)
t-Statistic Prob.*
Augmented Dickey-Fuller test statistic -7.018878 0.0000 Test critical values: 1% level -3.530030
5% level -2.904848
10% level -2.589907
Null Hypothesis: D(SUKU_BUNGA) has a unit root Exogenous: Constant
Lag Length: 1 (Automatic - based on AIC, maxlag=4)
t-Statistic Prob.*
Augmented Dickey-Fuller test statistic -3.977297 0.0027 Test critical values: 1% level -3.528515
5% level -2.904198
10% level -2.589562
Null Hypothesis: D(TAXREV) has a unit root Exogenous: Constant
Lag Length: 2 (Automatic - based on AIC, maxlag=4)
t-Statistic Prob.*
Augmented Dickey-Fuller test statistic -9.824727 0.0000 Test critical values: 1% level -3.530030
5% level -2.904848
10% level -2.589907
Null Hypothesis: D(PE) has a unit root Exogenous: Constant
Lag Length: 3 (Automatic - based on AIC, maxlag=4)
t-Statistic Prob.*
Augmented Dickey-Fuller test statistic -7.116910 0.0000 Test critical values: 1% level -3.531592
5% level -2.905519
10% level -2.590262
122 Uji PP Test Pada Tingkat First Difference
1). Velosity of Money (V2)
2). JUB (M2)
3). Inflasi
4). Suku Bunga
Null Hypothes is : D(V2) has a unit root Exogenous : Cons tant
Bandwidth: 11 (Newey-Wes t autom atic) us ing Bartlett kernel
Adj. t-Stat Prob.*
Phillips -Perron tes t s tatis tic -8.920238 0.0000 Tes t critical values : 1% level -3.527045
5% level -2.903566
10% level -2.589227
*MacKinnon (1996) one-s ided p-values .
Res idual variance (no correction) 0.021854
HAC corrected variance (Bartlett kernel) 0.013315
Null Hypothes is : D(M2) has a unit root Exogenous : Cons tant
Bandwidth: 1 (Newey-Wes t automatic) us ing Bartlett kernel
Adj. t-Stat Prob.*
Phillips -Perron tes t s tatis tic -5.006110 0.0001
Tes t critical values : 1% level -3.527045
5% level -2.903566
10% level -2.589227
*MacKinnon (1996) one-sided p-values .
Res idual variance (no correction) 17799443
HAC corrected variance (Bartlett kernel) 16614619
Null Hypothes is : D(INF) has a unit root Exogenous : Cons tant
Bandwidth: 18 (Newey-Wes t autom atic) us ing Bartlett kernel
Adj. t-Stat Prob.*
Phillips -Perron tes t s tatis tic -19.90031 0.0001 Tes t critical values : 1% level -3.527045
5% level -2.903566
10% level -2.589227
*MacKinnon (1996) one-s ided p-values .
Res idual variance (no correction) 0.264907
HAC corrected variance (Bartlett kernel) 0.034386
Null Hypothes is : D(SUKU_BUNGA) has a unit root Exogenous : Cons tant
Bandwidth: 4 (Newey-Wes t autom atic) us ing Bartlett kernel
Adj. t-Stat Prob.*
Phillips -Perron tes t s tatis tic -7.964332 0.0000
Tes t critical values : 1% level -3.527045
5% level -2.903566
10% level -2.589227
*MacKinnon (1996) one-s ided p-values .
Res idual variance (no correction) 0.095936
HAC corrected variance (Bartlett kernel) 0.148571
123 5). Tax Revenue
6). Pertumbuhan Ekonomi