Statistical Analysis of the Influence of Sino-U.S. Minimum Wages on Employment

Table 5

Unit root stability ADF test.

Variable	Inspection form	ADF statistic	Critical value				Conclusion
	(C,0,0)	−0.4469	−3.1449	−2.4733	−2.3925	1.32	Not smooth
	(C,t,0)	−2.9499	−3.8753	−3.1712	−3.0450	1.79	Not smooth
	(C,t,0)	−1.5490	−3.8753	−5.2298	−5.1086	1.29	Not smooth
	(C,t,0)	−1.7890	−3.8753	−2.2333	−2.1121	1.57	Not smooth
△	(0,0,0)	−1.7403	−1.6021	−2.4866	−2.4504	2.17	Smooth
△	(C,t,0)	−4.5701	−3.9334	−2.7013	−2.5928	1.96	Smooth
△	(C,t,0)	−2.0553	−3.9333	−4.9431	−4.8346	1.79	Not smooth
△^2	(C,0,0)	−3.2870	−3.2127	−4.5864	−4.5259	2.11	Smooth
△	(0,0,0)	−1.8756	−1.6021	−2.4301	−2.0068	2.27	Smooth