Statistical Analysis of the Influence of Sino-U.S. Minimum Wages on Employment
Table 7
Unit root stability ADF test.
Variable
Inspection form
Statistic
Critical value
Conclusion
(c,t,0)
−1.5124
−3.8290
−5.1427
−5.0123
1.34
Not smooth
(C,t,0)
−0.9760
−2.8525
−3.8290
−2.7221
0.93
Not smooth
(C,t,0)
−1.5767
−3.8289
−5.2700
−5.1397
1.41
Not smooth
(C,0,0)
−0.2569
−3.1199
−4.3164
−4.2296
1.27
Not smooth
△
(0,0,2)
−1.6613
−1.6029
−4.9018
−4.8615
1.83
Smooth
△
(C,t,2)
−6.2370
−5.2954
−4.1885
−4.0372
2.36
Smooth
△
(0,0,2)
−2.2456
−1.9740
−5.1542
−5.1138
1.71
Smooth
△
(c,t,0)
−3.4573
−3.3883
−4.6054
−4.4841
2.12
Smooth
Note: 1. △ represents first-order difference. 2. In the test type, c, t, n, respectively, represent the constant term, the linear trend, and the lag order. 3. ,,, respectively, represent the critical value at 1%, 5%, and 10%.
