Table 7 Generalized forecast error... | Emerald Publishing

Table 7

Generalized forecast error variance decomposition of GDP (VARX: M2)

Period (month)	m2	ltir	exr	loan	cpi	gdp
1	0.07	3.15	1.67	0.00	4.56	90.55
2	0.26	4.74	5.29	0.13	9.54	80.04
3	0.43	5.08	7.64	0.09	12.89	73.87
4	0.58	5.29	9.01	0.07	15.03	70.03
5	0.68	5.40	9.83	0.07	16.45	67.57
6	0.75	5.48	10.35	0.07	17.42	65.93
7	0.80	5.54	10.69	0.08	18.10	64.78
8	0.84	5.59	10.92	0.09	18.61	63.96
9	0.87	5.62	11.09	0.10	18.98	63.35
10	0.89	5.64	11.21	0.10	19.27	62.88
11	0.90	5.66	11.31	0.10	19.50	62.52
12	0.91	5.68	11.39	0.11	19.67	62.24

Period (month)	m2	ltir	exr	loan	cpi	gdp
1	0.07	3.15	1.67	0.00	4.56	90.55
2	0.26	4.74	5.29	0.13	9.54	80.04
3	0.43	5.08	7.64	0.09	12.89	73.87
4	0.58	5.29	9.01	0.07	15.03	70.03
5	0.68	5.40	9.83	0.07	16.45	67.57
6	0.75	5.48	10.35	0.07	17.42	65.93
7	0.80	5.54	10.69	0.08	18.10	64.78
8	0.84	5.59	10.92	0.09	18.61	63.96
9	0.87	5.62	11.09	0.10	18.98	63.35
10	0.89	5.64	11.21	0.10	19.27	62.88
11	0.90	5.66	11.31	0.10	19.50	62.52
12	0.91	5.68	11.39	0.11	19.67	62.24

Source(s): Authors’ own work