Table 4.
Results of the augmented Dickey–Fuller test of the time series data.
Region | Data | Dickey–Fuller | p-value |
---|---|---|---|
Us | Original | −1.048 | 0.735 |
First-ordered | −1.348 | 0.607 | |
Second-ordered | −6.249 | 0.000⁎ | |
Asia | Original | 0.132 | 0.968 |
First-ordered | −1.194 | 0.676 | |
Second-ordered | −10.130 | 0.000⁎ | |
Europe | Original | 3.790 | 1.000 |
First-ordered | 2.169 | 0.998 | |
Second-ordered | −5.538 | 0.000⁎ | |
Africa | Original | 0.199 | 0.972 |
First-ordered | −2.786 | 0.060 | |
Second-ordered | −9.139 | 0.000⁎ | |
South America | Original | 3.790 | 1.000 |
First-ordered | 2.169 | 0.998 | |
Second-ordered | −5.537 | 0.000⁎ | |
World | Original | −1.182 | 0.681 |
First-ordered | −0.655 | 0.858 | |
Second-ordered | −7.234 | 0.000⁎ |
P0.05 and thus stationary at that level.