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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

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Table 1 Descriptive statistics

From: Dynamic correlation pattern amongst alternative energy market for diversification opportunities

StatisticWorldDevelopedEmergingEUBRICG7
Minimum (full sample)− 0.2232− 0.2477− 0.2322− 0.1810− 0.5009− 0.1896
Minimum (pre-GFC)− 0.1119− 0.1396− 0.1034− 0.1251− 0.1428− 0.1509
Minimum (post-GFC)− 0.2232− 0.2477− 0.0901− 0.1326− 0.2035− 0.1106
Maximum (full sample)0.16440.20090.17860.17280.22720.2175
Maximum (pre-GFC)0.08670.11280.12970.11900.17380.1481
Maximum (post-GFC)0.07760.11340.10130.10260.22720.2175
Mean (full sample)− 0.0003− 0.0003− 0.00050.0001− 0.0006− 0.0003
Mean (pre-GFC)0.00180.00210.00070.00240.00080.0019
Mean (post-GFC)− 0.0004− 0.0005− 0.00030.0001− 0.0001− 0.0005
Std. dev. (full sample)0.02110.02400.02420.02520.03070.0268
Std. dev. (pre-GFC)0.01990.02340.02740.02460.03510.0303
Std. dev. (post-GFC)0.01700.01990.01800.02160.02280.0219
Skewness (full sample)− 0.7407− 0.5937− 0.4573− 0.3791− 1.4993− 0.0688
Skewness (pre-GFC)− 0.7101− 0.6543− 0.0240− 0.4796− 0.0036− 0.3734
Skewness (post-GFC)− 1.1213− 0.96500.0757− 0.28050.45860.3307
Kurtosis (full sample)12.493411.07768.39736.598229.81087.6456
Kurtosis (pre-GFC)4.08114.88842.18744.57542.75074.3797
Kurtosis (post-GFC)14.572212.61112.24532.625011.98666.4478
JB stats (full sample)20,092*15,585*8571.5*5383.3*10,755*7131.1*
JB stats (pre-GFC)489.37*671.16*125.46*572.78*517.35*198.31*
JB stats (post-GFC)20678*15483*481.75*685.42*13747*3996.3*
ADF (full sample)− 48.614*− 49.985*− 51.072*− 52.135*− 52.980*− 51.699*
PP (full sample)− 48.588*− 49.854*− 51.137*− 52.081*− 53.100*− 51.615*
KPSS (full sample)0.18640.22310.05000.21910.06810.1829
Q (20) (full sample)97.433*77.053*59.684*54.933*68.773*46.746*
Q2 (20) (full sample)2937.1*2055.0*3822.1*3310.6*600.43*1879.5*
ARCH (20) (full sample)39.551*30.257*58.691*47.783*18.313*32.238*
  1. *Significance level at 5% or better