Table II. Variance decomposition in VECM... | Emerald Publishing

Table II.

Variance decomposition in VECM

Variance decomposition of IR
Period	S.E.	IR	AQI	PI	IF	XF
1	9.199978	100.0000	0.000000	0.000000	0.000000	0.000000
2	9.890987	92.22624	3.615245	0.118892	1.252100	2.787521
3	11.27876	87.80707	6.548290	2.445629	1.054998	2.144010
4	12.05118	83.51721	9.383058	3.228707	1.460281	2.410742
5	12.81583	78.54289	12.82318	4.691902	1.613906	2.328118

Variance decomposition of IR
Period	S.E.	IR	AQI	PI	IF	XF
1	9.199978	100.0000	0.000000	0.000000	0.000000	0.000000
2	9.890987	92.22624	3.615245	0.118892	1.252100	2.787521
3	11.27876	87.80707	6.548290	2.445629	1.054998	2.144010
4	12.05118	83.51721	9.383058	3.228707	1.460281	2.410742
5	12.81583	78.54289	12.82318	4.691902	1.613906	2.328118