Results of variance decompositions test
| Variance decomposition of | Period | LNBSE | LNCRUDE_OIL | LNEXCHANGE_RATE |
|---|---|---|---|---|
| LNBSE | 1 | 100.0000 | 0.000000 | 0.000000 |
| 2 | 45.95999 | 0.714558 | 53.32545 | |
| 3 | 43.62294 | 1.258312 | 55.11875 | |
| 4 | 40.37363 | 8.557850 | 51.06852 | |
| 5 | 46.48865 | 7.379144 | 46.13221 | |
| LNCRUDE_OIL | 1 | 43.48682 | 56.51318 | 0.000000 |
| 2 | 41.61449 | 51.60978 | 6.775729 | |
| 3 | 42.52029 | 51.18263 | 6.297079 | |
| 4 | 44.05139 | 42.32017 | 13.62844 | |
| 5 | 39.94028 | 45.59608 | 14.46363 | |
| LNEXCHANGE_RATE | 1 | 0.063686 | 23.74628 | 76.19004 |
| 2 | 5.517254 | 60.81744 | 33.66531 | |
| 3 | 21.13306 | 57.36770 | 21.49924 | |
| 4 | 25.53171 | 44.65385 | 29.81445 | |
| 5 | 22.45066 | 50.24226 | 27.30709 |
| Variance decomposition of | Period | LNBSE | LNCRUDE_OIL | LNEXCHANGE_RATE |
|---|---|---|---|---|
| LNBSE | 1 | 100.0000 | 0.000000 | 0.000000 |
| 2 | 45.95999 | 0.714558 | 53.32545 | |
| 3 | 43.62294 | 1.258312 | 55.11875 | |
| 4 | 40.37363 | 8.557850 | 51.06852 | |
| 5 | 46.48865 | 7.379144 | 46.13221 | |
| LNCRUDE_OIL | 1 | 43.48682 | 56.51318 | 0.000000 |
| 2 | 41.61449 | 51.60978 | 6.775729 | |
| 3 | 42.52029 | 51.18263 | 6.297079 | |
| 4 | 44.05139 | 42.32017 | 13.62844 | |
| 5 | 39.94028 | 45.59608 | 14.46363 | |
| LNEXCHANGE_RATE | 1 | 0.063686 | 23.74628 | 76.19004 |
| 2 | 5.517254 | 60.81744 | 33.66531 | |
| 3 | 21.13306 | 57.36770 | 21.49924 | |
| 4 | 25.53171 | 44.65385 | 29.81445 | |
| 5 | 22.45066 | 50.24226 | 27.30709 |
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