Bai–Perron tests for structural change
| Tests | |
|---|---|
| UDmax | 555.54 |
| WDmax | 635.02 |
| Scaled F(1) | 555.54 |
| Scaled F(2) | 521.10 |
| Scaled F(3) | 447.67 |
| Scaled F(1|0) | 555.54 |
| Scaled F(2|1) | 37.352 |
| Scaled F(3|2) | 14.612* |
| Number of breaks selected | 2 |
| Tests | |
|---|---|
| 555.54 | |
| 635.02 | |
| Scaled | 555.54 |
| Scaled | 521.10 |
| Scaled | 447.67 |
| Scaled | 555.54 |
| Scaled | 37.352 |
| Scaled | 14.612* |
| Number of breaks selected | 2 |
Notes:
All the test statistics are significant at the 5% level, except the one denoted with *. The critical values are taken from Bai and Perron (2003b)
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