Table 8 Bai and Perron critical values for CCEI
From: Cloud economy and its relationship with China’s economy—a capital market-based approach
Panel A: Test for an unknown break | Test statistic | 1% Critical value | 5% Critical value | 10% Critical value | Estimated break point |
|---|---|---|---|---|---|
H0: no break(s) vs. H1: 1 break(s) | 7.85 | 12.29 | 8.58 | 7.04 | 366 |
Panel B: Test for a known break | W(tau) | p-value (F) | p-value (chi) | Assumed break point | |
H0: no break(s) vs. H1: 1 break(s) | 24.75 | 0.00 | 0.00 | 366 |