Are the non-stationarities in global market shares of top automotive nations of the world same?
| Autor: | Muhammad Imtiaz Subhani, Sommaya Prachyangprecha, Huu Tran Aí |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: |
lcsh:GE1-350
business.industry Financial economics 0211 other engineering and technologies Automotive industry 02 engineering and technology 010501 environmental sciences 01 natural sciences Augmented Dickey–Fuller test Unit root test 021108 energy Business Market share Automotive market Time series lcsh:Environmental sciences 0105 earth and related environmental sciences |
| Zdroj: | E3S Web of Conferences, Vol 244, p 08016 (2021) |
| ISSN: | 2267-1242 |
| Popis: | This paper is an attempt to investigate the non-stationary process in the global market shares of automotive industry of top 26 automotive producing nations. The time series data of global automotive market shares of top 26 automotive producing nations were collected from data stream Eikon for the period from 2002 to 2014. Augmented Dickey Fuller Unit root test (ADF URT) is used to investigate the non-stationarities or shocks in the outlined series of global automotive market shares. Findings confirmed the presence of shocks or non-stationarity (absence of stationary process) in global market shares of almost all top automotive producing nations except of Australia, India, Malaysia and South Africa for2002 to 2014. Findings further revealed that the non-stationarities got fixed at 2nd difference in all outlined series of global market shares of automotive for the period from 2002 to 2014. It is also revealed that there are the same shocking patterns in the global market shares of all top automotive producing nations with few exception. |
| Databáze: | OpenAIRE |
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