Table IV.

Fourier ADF, Fourier GLS and Fourier KPSS test results-with constant model

Unit root test typeIndustrial production index (logipi) – constant modelAtmospheric carbon emissions (logcarbon) – constant model
Fourier ADF test (Enders and Lee, 2012, p. 197)ADF-stat = −6.5662**
Fourier = 1.0000
Lag = 12.0000
ADF-stat = −7.5142**
Fourier = 1.0000
Lag = 12.0000
Fourier GLS test (Rodrigues and Taylor, 2012, p. 742)GLS-stat = −3.0297**
Fourier = 1.0000
Lag = 11.0000
GLS-stat = −4.4917*
Fourier = 1.0000
Lag = 12.0000
Fourier KPSS test (Becker et al., 2006, p. 389)KPSS-stat = 0.3782*
Fourier = 2.0000
KPSS-stat = 0.0309*
Fourier = 1.0000

Notes:

Critical value (*) 1% and (**) 5% are −3.637 and −3.017, respectively.

Sources: The calculated figures for the unit root tests in Tables IV and V are interpreted based on the critical values, which are taken from the above-mentioned articles, namely; Fourier ADF test (Enders and Lee, 2012, p. 197), Fourier LM test (Enders and Lee, 2012, p. 582), Fourier GLS test (Rodrigues and Taylor, 2012, p. 742) and Fourier KPSS test (Becker et al., 2006, p. 389)

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