Table 5 Generalized forecast error... | Emerald Publishing

Table 5

Generalized forecast error variance decomposition of GDP (VARX: M0)

Period (month)	m0	ltir	exr	loan	cpi	gdp
1	1.39	2.93	2.54	0.06	5.09	88.00
2	2.21	4.49	6.13	0.08	9.53	77.57
3	1.80	5.21	8.96	0.05	13.08	70.89
4	1.47	5.53	10.73	0.05	15.48	66.74
5	1.25	5.72	11.80	0.08	17.07	64.09
6	1.10	5.84	12.46	0.11	18.15	62.33
7	1.01	5.92	12.90	0.14	18.91	61.12
8	0.94	5.99	13.20	0.17	19.46	60.25
9	0.89	6.03	13.41	0.18	19.86	59.62
10	0.85	6.07	13.57	0.20	20.18	59.13
11	0.82	6.10	13.69	0.21	20.42	58.76
12	0.80	6.12	13.79	0.22	20.61	58.47

Period (month)	m0	ltir	exr	loan	cpi	gdp
1	1.39	2.93	2.54	0.06	5.09	88.00
2	2.21	4.49	6.13	0.08	9.53	77.57
3	1.80	5.21	8.96	0.05	13.08	70.89
4	1.47	5.53	10.73	0.05	15.48	66.74
5	1.25	5.72	11.80	0.08	17.07	64.09
6	1.10	5.84	12.46	0.11	18.15	62.33
7	1.01	5.92	12.90	0.14	18.91	61.12
8	0.94	5.99	13.20	0.17	19.46	60.25
9	0.89	6.03	13.41	0.18	19.86	59.62
10	0.85	6.07	13.57	0.20	20.18	59.13
11	0.82	6.10	13.69	0.21	20.42	58.76
12	0.80	6.12	13.79	0.22	20.61	58.47

Source(s): Authors’ own work