Table 3. Quantile autoregression unit... | Emerald Publishing

Table 3.

Quantile autoregression unit root analysis

	byie_t			gepu_t			opri_t
τ	α^	t-statistic	Critical values	α	t-statistic	Critical values	α^	t-statistic	Critical values
0.05	0.822	0.022	−3.033	0.640	−2.791	−3.056	0.882	−2.670	−3.389
0.10	0.890	−0.398	−3.153	0.661	−2.368	−3.160	0.890	−2.531	−3.213
0.15	0.921	−0.254	−3.083	0.693	−1.481	−3.001	0.921	−3.549	−3.286
0.20	0.930	−1.042	−3.093	0.701	−0.489	−2.954	0.930	−2.794	−3.361
0.25	0.950	−0.885	−3.103	0.741	−0.679	−3.020	0.950	−2.238	−3.277
0.30	0.967	−1.243	−3.083	0.741	0.167	−2.962	0.967	−1.736	−3.303
0.35	0.961	−1.865	−3.202	0.749	1.009	−2.918	0.961	−2.143	−3.071
0.40	0.973	−1.687	−3.172	0.736	0.343	−2.791	0.973	−1.730	−2.975
0.45	0.987	−2.166	−3.185	0.780	−5.333	−2.310	0.987	−0.873	−3.024
0.50	0.989	−2.630	−3.137	0.788	−8.804	−2.398	0.989	−0.804	−3.094
0.55	0.991	−2.825	−3.155	0.859	−7.336	−2.557	0.991	−0.701	−3.021
0.60	0.997	−2.675	−3.171	0.890	−8.358	−2.700	0.997	−0.194	−2.938
0.65	0.994	−2.562	−3.244	0.898	−6.978	−2.715	0.994	−0.416	−2.893
0.70	1.007	−2.566	−3.286	0.929	−6.952	−2.788	1.007	0.497	−2.794
0.75	1.018	−2.245	−3.324	0.975	−6.676	−2.899	1.018	1.130	−2.807
0.80	1.060	−1.609	−3.227	0.959	−6.473	−2.882	1.059	3.235	−2.771
0.85	1.048	−1.480	−2.984	1.013	−6.028	−2.866	1.048	2.491	−2.824
0.90	1.081	−1.832	−3.087	1.094	−5.616	−2.879	1.081	4.099	−2.663
0.95	1.084	−2.607	−2.434	1.105	−3.493	−2.986	1.084	3.171	−2.310

	byie_t			gepu_t			opri_t
τ	α^	t-statistic	Critical values	α	t-statistic	Critical values	α^	t-statistic	Critical values
0.05	0.822	0.022	−3.033	0.640	−2.791	−3.056	0.882	−2.670	−3.389
0.10	0.890	−0.398	−3.153	0.661	−2.368	−3.160	0.890	−2.531	−3.213
0.15	0.921	−0.254	−3.083	0.693	−1.481	−3.001	0.921	−3.549	−3.286
0.20	0.930	−1.042	−3.093	0.701	−0.489	−2.954	0.930	−2.794	−3.361
0.25	0.950	−0.885	−3.103	0.741	−0.679	−3.020	0.950	−2.238	−3.277
0.30	0.967	−1.243	−3.083	0.741	0.167	−2.962	0.967	−1.736	−3.303
0.35	0.961	−1.865	−3.202	0.749	1.009	−2.918	0.961	−2.143	−3.071
0.40	0.973	−1.687	−3.172	0.736	0.343	−2.791	0.973	−1.730	−2.975
0.45	0.987	−2.166	−3.185	0.780	−5.333	−2.310	0.987	−0.873	−3.024
0.50	0.989	−2.630	−3.137	0.788	−8.804	−2.398	0.989	−0.804	−3.094
0.55	0.991	−2.825	−3.155	0.859	−7.336	−2.557	0.991	−0.701	−3.021
0.60	0.997	−2.675	−3.171	0.890	−8.358	−2.700	0.997	−0.194	−2.938
0.65	0.994	−2.562	−3.244	0.898	−6.978	−2.715	0.994	−0.416	−2.893
0.70	1.007	−2.566	−3.286	0.929	−6.952	−2.788	1.007	0.497	−2.794
0.75	1.018	−2.245	−3.324	0.975	−6.676	−2.899	1.018	1.130	−2.807
0.80	1.060	−1.609	−3.227	0.959	−6.473	−2.882	1.059	3.235	−2.771
0.85	1.048	−1.480	−2.984	1.013	−6.028	−2.866	1.048	2.491	−2.824
0.90	1.081	−1.832	−3.087	1.094	−5.616	−2.879	1.081	4.099	−2.663
0.95	1.084	−2.607	−2.434	1.105	−3.493	−2.986	1.084	3.171	−2.310

Note:

Italic values indicate the relevant series is stationary the 5% significance level