Review Article

Analysis of the Strategic Emission-Based Energy Policies of Developing and Developed Economies with Twin Prediction Model

Table 3

Unit root test and ARIMA results for agricultural value addition.

GroupsADFPossible forms of ARIMARegression coefficients (prob)R2AICSIC

26 OECD−5.81 (0.00)(2, 1, 2)AR(2) = 0.18 (0.36) MA(2) = −0.99 (0.04)0.3351.4851.62
(2, 1, 12)AR(2)=−0.47 (0.00) MA(12)=−0.89(0.02)0.6550.8150.95
(13, 1, 12)AR(13) = −0.62(0.00) MA(12) = −0.88 (0.05)0.7050.8551.01

Upper middle income−4.11(0.00)(1, 1, 1)AR(1) = 0.95 (0.02) MA(1) = −0.66 (0.00)0.3352.2652.4
(1, 1, 3)AR(1) = 0.47 (0.03) MA(3) = 0.39 (0.01)0.3452.2552.39
(3, 1, 1)AR(3) = 0.71 (0.00) MA(1) = 0.31 (0.22)0.3852.2452.38
(3, 1, 3)AR(3) = 0.78 (0.32) MA(3) = −0.06 (0.22)0.3452.452.54
(4, 1, 1)AR(4)=0.67 (0.01) MA(1)=0.57 (0.00)0.3652.2452.38
(4, 1, 3)AR(4) = 0.52 (0.01) MA(3) = 0.33 (0.20)0.2952.4152.56

Middle income−8.15(0.00)(1, 1, 1)AR(1) = 0.98 (0.02) MA(1) = −0.68 (0.00)0.4052.9653.1
(3, 1, 1)AR(3)=0.80 (0.00) MA(1)=0.37 (0.00)0.4852.8753.01
(3, 1, 3)AR(3) = 0.93 (0.04) MA(3) = −0.08 (0.22)0.4552.9353.00

Lower middle income−8.5(0.00)(1, 1, 1)AR(1) = 0.91 (0.02) MA(1) = −0.58 (0.24)0.3551.0951.23
(3, 1, 1)AR(3) = 0.82 (0.00) MA(1) = 0.29 (0.38)0.4550.9651.10
(3, 1, 3)AR(3)=0.61 (0.04) MA(3)=0.46 (0.02)0.4650.9451.08

Low income−7.37 (0.00)(1, 1, 1)AR(1)=0.95 (0.00) MA(1)=−0.67 (0.01)0.3047.347.44
(2, 1, 1)AR(2) = 0.36 (0.28) MA(1) = 0.4 (0.01)0.1647.547.64
(3, 1, 1)AR(3) = 0.9 (0.38) MA(1) = 0.18 (0.31)0.1647.547.64
(4, 1, 1)AR(4) = 0.35 (0.28) MA(1) = 0.19 (0.21)0.1447.5747.61

Note. Bold marks indicate significant results and the accepted ARIMA structures for which forecasting is made. Source: computed by the authors.