Pesaran 2013, 2015 cross sectional dependence

[Sebil Oshota]

Pls i need to know how the "average joint T" of the pesaran Xtcdf crosssectional dependence test is interpretated or in general interpretation ofthe entire output
This is the sample of my output
------------------------------------------------------------------------------+
Variable | CD-test p-value average joint T | mean ρ mean abs(ρ) |
----------------+--------------------------------------+----------------------|
fdlim + 1.995 0.046 52.81 + 0.01 0.14 |
fdldy + 12.698 0.000 53.00 + 0.08 0.15 |
fdlfy + 110.87 0.000 53.00 + 0.71 0.71 |
fdlreer + 11.142 0.000 53.00 + 0.07 0.17 |
fdldpc + 4.36 0.000 53.00 + 0.03 0.12

[Carlo Lazzaro]

Sebil:
welcome to this forum.
Please repost your query on the General forum, as this one is for practicing purposes only. Thanks.