Table 5 Variance decomposition
HE | VOSOL | R | M1 | INFD | GDPH | EX | TEP | S.E. | Period |
|---|---|---|---|---|---|---|---|---|---|
0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 100.0000 | 0.111224 | 1 |
(0.00000) | (0.00000) | (0.00000) | (0.00000) | (0.00000) | (0.00000) | (0.00000) | (0.00000) | ||
0.643716 | 0.516556 | 3.645996 | 4.275571 | 3.045998 | 6.745288 | 6.498856 | 74.62802 | 0.135257 | 2 |
(1.58969) | (2.47750) | (4.14222) | (4.38718) | (4.44909) | (5.81670) | (5.83215) | (10.0833) | ||
1.885852 | 0.552555 | 3.125592 | 8.092319 | 5.987067 | 6.270742 | 7.027835 | 67.05804 | 0.147539 | 3 |
(2.29192) | (3.23537) | (3.69456) | (5.87893) | (5.47160) | (5.30892) | (5.48121) | (9.82294) | ||
3.113979 | 0.882011 | 3.254085 | 9.538053 | 6.176203 | 6.241883 | 7.927058 | 62.86673 | 0.152701 | 4 |
(2.96393) | (3.82667) | (4.22017) | (6.31393) | (5.72438) | (5.21573) | (5.63885) | (9.78998) | ||
3.665863 | 0.871941 | 3.813322 | 9.110137 | 5.895478 | 5.909447 | 11.21041 | 59.52340 | 0.156943 | 5 |
(3.07758) | (4.05572) | (5.02856) | (5.73867) | (5.56695) | (5.02425) | (6.75392) | (9.59936) | ||
4.106707 | 1.026344 | 4.940055 | 8.804775 | 5.910681 | 5.702113 | 11.58808 | 57.92125 | 0.159773 | 6 |
(3.20950) | (4.29927) | (6.30071) | (5.47682) | (5.55962) | (5.04474) | (6.64298) | (9.35905) | ||
4.479130 | 1.531116 | 6.063675 | 8.625048 | 5.797920 | 5.590064 | 11.31098 | 56.60207 | 0.162475 | 7 |
(3.27950) | (4.62186) | (7.17887) | (5.28394) | (5.59362) | (5.07553) | (6.49288) | (9.31475) | ||
4.354149 | 1.801515 | 5.850278 | 8.378294 | 7.041856 | 5.346722 | 11.37644 | 55.85075 | 0.166133 | 8 |
(3.25200) | (4.89775) | (7.53143) | (5.21896) | (5.93316) | (5.02693) | (6.50874) | (9.28173) | ||
4.307578 | 2.112254 | 6.193077 | 9.156914 | 7.479709 | 5.158353 | 11.29346 | 54.29866 | 0.169156 | 9 |
(3.15717) | (5.15227) | (7.45971) | (5.36344) | (6.27615) | (5.00786) | (6.60511) | (9.20960) | ||
4.266167 | 2.729970 | 6.877257 | 9.182257 | 7.560340 | 5.051597 | 10.99235 | 53.34006 | 0.171478 | 10 |
(3.12107) | (5.34217) | (7.70037) | (5.34699) | (6.44625) | (4.98286) | (6.52365) | (9.24829) |