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.

MethodResidential land market modelCommercial land market model

Pedroni testModified Phillips-Perron t4.690∗∗∗ (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 testModified Dickey-Fuller t2.151∗∗ (0.016)2.082∗∗ (0.019)
Dickey-Fuller t2.631∗∗∗ (0.004)2.573∗∗∗ (0.005)
Augmented Dickey-Fuller t2.935∗∗∗ (0.002)2.587∗∗∗ (0.005)

values in parentheses; , ∗∗, and ∗∗∗.