Research Article
Impact of Urban Rail Transit Network on Residential and Commercial Land Values in China: A Complex Network Perspective
Table 5
The results of the cointegration test for panel data.
| Method | | Residential land market model | Commercial land market model |
| Pedroni test | Modified Phillips-Perron t | 4.690∗∗∗ (0.000) | 4.721∗∗∗ (0.000) | Phillips-Perron t | −6.726∗∗∗ (0.000) | −8.806∗∗∗ (0.000) | Augmented Dickey-Fuller t | −5.963∗∗∗ (0.000) | −8.028∗∗∗ (0.000) |
| Kao test | Modified Dickey-Fuller t | 2.151∗∗ (0.016) | 2.082∗∗ (0.019) | Dickey-Fuller t | 2.631∗∗∗ (0.004) | 2.573∗∗∗ (0.005) | Augmented Dickey-Fuller t | 2.935∗∗∗ (0.002) | 2.587∗∗∗ (0.005) |
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values in parentheses; ∗, ∗∗, and ∗∗∗. |