R Under development (unstable) (2026-03-16 r89642 ucrt) -- "Unsuffered Consequences" Copyright (C) 2026 The R Foundation for Statistical Computing Platform: x86_64-w64-mingw32/x64 R is free software and comes with ABSOLUTELY NO WARRANTY. You are welcome to redistribute it under certain conditions. Type 'license()' or 'licence()' for distribution details. R is a collaborative project with many contributors. Type 'contributors()' for more information and 'citation()' on how to cite R or R packages in publications. Type 'demo()' for some demos, 'help()' for on-line help, or 'help.start()' for an HTML browser interface to help. Type 'q()' to quit R. > library(testthat) > library(xtpcmg) > > test_check("xtpcmg") ----------------------------------------------------------------- Panel Cointegrating Polynomial Regression: Group-Mean FM-OLS (Wagner & Reichold 2023) Dep: invest | Poly: mvalue (degree 2) | N=5, T=20 ----------------------------------------------------------------- Variable Estimate Std. Err t-stat p-value ----------------------------------------------------------------- mvalue 0.7154 0.5885 1.2156 0.2241 mvalue^2 0.0017 0.0008 2.0782 0.0377** ----------------------------------------------------------------- Turning point x*: -214.1322 [95% CI: -736.5063, 308.2418] (U-shaped) Swamy S = 8.0000, df = 8, p = 0.4335 [Homogeneous] *** p<0.01, ** p<0.05, * p<0.10 ----------------------------------------------------------------- Panel Cointegrating Polynomial Regression: Group-Mean FM-OLS (Wagner & Reichold 2023) Dep: invest | Poly: mvalue (degree 2) | N=5, T=20 ----------------------------------------------------------------- Variable Estimate Std. Err t-stat p-value ----------------------------------------------------------------- mvalue 0.7154 0.5885 1.2156 0.2241 mvalue^2 0.0017 0.0008 2.0782 0.0377** ----------------------------------------------------------------- Turning point x*: -214.1322 [95% CI: -736.5063, 308.2418] (U-shaped) Swamy S = 8.0000, df = 8, p = 0.4335 [Homogeneous] *** p<0.01, ** p<0.05, * p<0.10 Individual FM-OLS Estimates (first 5 panels): Panel 1: 4.3875 -0.0009 Panel 2: -0.7292 0.0027 Panel 3: 1.7583 -0.0005 Panel 4: -1.1102 0.0044 Panel 5: -0.7292 0.0027 [ FAIL 0 | WARN 0 | SKIP 0 | PASS 28 ] > > proc.time() user system elapsed 1.03 0.34 1.35