Table IV Variance decomposition of LCPI... | Emerald Publishing

Table IV

Variance decomposition of LCPI

Period	SE	IP	LCPI	LM2	IR	LREER
1	8.720252	2.258229	97.74177	0.000000	0.000000	0.000000
2	10.34189	6.280352	91.15513	0.815911	0.002289	1.746313
3	11.00465	9.413639	82.44019	2.631441	0.023976	5.490750
4	11.34807	11.15179	73.02065	5.189604	0.077518	10.56043
5	11.56740	11.67044	63.78853	8.168619	0.159597	16.21282
6	11.73156	11.34866	55.28299	11.27675	0.257246	21.83436
7	11.86637	10.54909	47.77428	14.30056	0.356050	27.02002
8	11.98184	9.542362	41.33725	17.11213	0.444978	31.56328
9	12.08209	8.501954	35.92417	19.65265	0.517676	35.40355
10	12.16904	7.525351	31.42469	21.90951	0.571804	38.56865
11	12.24390	6.658938	27.70675	23.89639	0.607752	41.13018
12	12.30766	5.918144	24.64024	25.63940	0.627460	43.17476
13	12.36134	5.301285	22.10830	27.16858	0.633566	44.78826
14	12.40600	4.798218	20.01123	28.51338	0.628865	46.04831
15	12.44270	4.395363	18.26645	29.70051	0.616015	47.02166

Period	SE	IP	LCPI	LM2	IR	LREER
1	8.720252	2.258229	97.74177	0.000000	0.000000	0.000000
2	10.34189	6.280352	91.15513	0.815911	0.002289	1.746313
3	11.00465	9.413639	82.44019	2.631441	0.023976	5.490750
4	11.34807	11.15179	73.02065	5.189604	0.077518	10.56043
5	11.56740	11.67044	63.78853	8.168619	0.159597	16.21282
6	11.73156	11.34866	55.28299	11.27675	0.257246	21.83436
7	11.86637	10.54909	47.77428	14.30056	0.356050	27.02002
8	11.98184	9.542362	41.33725	17.11213	0.444978	31.56328
9	12.08209	8.501954	35.92417	19.65265	0.517676	35.40355
10	12.16904	7.525351	31.42469	21.90951	0.571804	38.56865
11	12.24390	6.658938	27.70675	23.89639	0.607752	41.13018
12	12.30766	5.918144	24.64024	25.63940	0.627460	43.17476
13	12.36134	5.301285	22.10830	27.16858	0.633566	44.78826
14	12.40600	4.798218	20.01123	28.51338	0.628865	46.04831
15	12.44270	4.395363	18.26645	29.70051	0.616015	47.02166

Source: Author’s estimation