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人民幣匯率波動對中國出口價格影響之研究 - 政大學術集成

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表 1 中,經由初步的 ADF 檢定可知, ln HS85 、 ln CPI 、 ln IPI 變數無論 是否具有截距與時間趨勢項,皆是非定態的時間數列。 ln HS84 及 ln e 在含時 間趨勢及截距項為定態時間數列,但在只有截距項或無時間趨勢項亦無截距項 下皆為非定態時間數列。但是,臺灣的所有變數經過一階差分後皆為定態的時 間數列  (表 2)。  表 3 中,除了 lnHS84 在具有截距項下為定態時間數列,其他變數無論是否 具有截距項與時間趨勢項下皆為非定態時數列。但是,南韓的所有變數經過一 階

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