Research Article

The Correlation between Monetary Policy and Housing Price Change Based on a VAR Model

Table 2

Results of the ADF test.

VariableADFCritical value1%Critical value5%Critical value10% ValueConclusion

LNY−4.9039−4.1705−3.5107−3.18550.0013Stationary
LNX1−2.8334−4.1657−3.5085−3.18420.1932Nonstationary
LNX2−1.6698−4.1809−3.5155−3.18820.7478Nonstationary
D (LNX1)−7.0784−4.1705−3.5107−3.18550.0010Stationary
D (LNX2)−2.7197−3.5885−2.9297−2.60300.0788Stationary

Data source: Eviews 10 software calculation.