Table 2.
Optimal parameters of FANGBM(1,1) and OFANGBM(1,1) for this study.
| Indicators | Countries | FANGBM(1,1) |
OFANGBM(1,1) |
||||
|---|---|---|---|---|---|---|---|
| λ | γ | r | λ | γ | r | ||
| GFEC | France | 0.5 | -0.4500 | 0.7134 | 0.5123 | -0.4507 | 0.7095 |
| Germany | 0.5 | -28.3165 | 0.0587 | 0.4509 | -26.8081 | 0.0567 | |
| Italy | 0.5 | 1.7061 | 0.1141 | 0.6960 | -0.2663 | 0.1158 | |
| Spain | 0.5 | 0.5826 | 2.5499 | 0.5101 | 0.5527 | 2.3742 | |
| Turkey | 0.5 | -1.4600 | 0.4168 | 0.4688 | -1.5390 | 0.3890 | |
| UK | 0.5 | -17.9968 | 1.00E-300 | 0.5718 | -29.9451 | 3.06E-09 | |
| Energy consumption from RES | France | 0.5 | -0.1889 | 0.3129 | 0.3249 | 2.8733 | 0.0618 |
| Germany | 0.5 | 0.5070 | 1.8237 | 0.4930 | 0.5083 | 1.8246 | |
| Italy | 0.5 | 1.4034 | 5.68E-300 | 0.4152 | 1.6750 | 1.00E-300 | |
| Spain | 0.5 | -2.1037 | 0.1859 | 0.6442 | 0.2661 | 1.2838 | |
| Turkey | 0.5 | -2.1429 | 0.4549 | 0.3671 | -0.3025 | 0.9167 | |
| UK | 0.5 | 0.8124 | 0.1293 | 0.5727 | 0.6827 | 0.1371 | |