Table 4

Variance decomposition test

PeriodSElncredit_agriLninternetLnmobileLnmmoneylnpib_hbtIhsreguIhsstab
10.55521000.000.000.000.000.000.00
20.620786.47≈0.0012.780.020.080.540.10
30.701077.410.1018.701.610.370.890.92
40.776577.940.8815.582.440.300.822.03
50.819578530.8015.192.200.281.151.83
60.898872.750.7120.732.060.311.312.14
70.942973.400.8819.332.390.291.212.50
80.980974.890.8217.902.500.271.302.31
91.035273.310.7619.632.290.251.452.30
101.084571.610.7221.072.310.261.412.62
Source(s): Authors

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