Table 8 Results of the KPSS test KPSS... | Emerald Publishing

Table 8

Results of the KPSS test

KPSS test (Level/Lag short/N)		KPSS test (Trend/Lag short/N(r = 1))	KPSS test (Trend/Lag short/N-0.1*t)
Eta (Observed value)	0.056	0.164	0.052
Eta (Critical value)	0.451	0.145	0.145
p-value (one-tailed)	0.872	0.030	0.616
alpha	0.05	0.05	0.05
Test interpretation
H0: The series is stationary
Ha: The series is not stationary

KPSS test (Level/Lag short/N)		KPSS test (Trend/Lag short/N(r = 1))	KPSS test (Trend/Lag short/N-0.1*t)
Eta (Observed value)	0.056	0.164	0.052
Eta (Critical value)	0.451	0.145	0.145
p-value (one-tailed)	0.872	0.030	0.616
alpha	0.05	0.05	0.05
Test interpretation
H0: The series is stationary
Ha: The series is not stationary

Source(s): Table by author