| Groups | ADF | Possible forms of ARIMA | Regression coefficients (prob) | Ṝ2 | AIC | SIC |
| 26 OECD | −5.83 (0.00) | (2, 1, 2) | AR(2) = −0.67 (0.00) MA(2) = 0.71(0.05) | 0.14 | 21.79 | 21.83 | (4, 1, 4) | AR(4) = 0.50 (0.00) MA(4) = −0.91(0.02) | 0.27 | 21.5 | 21.65 | (11, 1, 11) | AR(11) = −0.17(0.23) MA(11) = 0.87 (0.05) | 0.62 | 20.6 | 20.75 |
| Upper middle income | −4.11(0.00) | (3, 1, 4) | AR(3) = 0.39 (0.02) MA(4) = −0.24 (0.22) | 0.07 | 25.05 | 25.19 | (11, 1, 11) | AR(11) = −0.8(0.01) MA(11) = −0.94 (0.00) | 0.91 | 22.84 | 22.99 |
| Middle income | −8.15(0.00) | (1, 1, 6) | AR(1) = −0.18 (0.35) MA(6) = −0.16 (0.42) | 0.001 | 27.33 | 27.47 | (6, 1, 6) | AR(6) = −0.57 (0.00) MA(6) = 0.96(0.00) | 0.38 | 26.96 | 27.11 | (15, 1, 15) | AR(15) = 0.01 (0.48) MA(15) = −0.99 (0.02) | 0.99 | 7.64 | 7.78 |
| Lower middle income | −8.5(0.00) | (1, 1, 4) | AR(1) = −0.38 (0.00) MA(4) = −0.08 (0.24) | 0.12 | 27.31 | 27.45 | (4, 1, 4) | AR(4) = 0.6 (0.02) MA(4) = −0.94(0.01) | 0.15 | 27.30 | 27.42 | (15, 1, 4) | AR(15) = 0.15 (0.16) MA(4) = −0.94 (0.01) | 0.77 | 26.48 | 26.49 |
| Low income | −7.37 (0.00) | (1, 1, 1) | AR(1) = 0.45 (0.00) MA(1) = −0.99 (0.01) | 0.24 | 24.68 | 24.82 | (1, 1, 4) | AR(1) = −0.31 (0.28) MA(4) = −0.17 (0.21) | 0.05 | 24.89 | 25.03 |
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