Skip to main content

The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 3 Results of forecast error variance decomposition for wage index

From: The impact of workdays lost to strikes on wage growth in Turkey

Period

wdls

dcpi

gdp

dwi

1

16.7600

8.6597

4.0154

70.5647

2

24.3467

15.5631

3.0623

57.0277

3

28.3450

18.8374

2.5543

50.2630

4

30.7384

20.4902

2.2409

46.5303

5

32.3344

21.4094

2.0217

44.2344

6

33.4783

21.9675

1.8556

42.6984

  1. The optimal lag order is selected as 1 out of 4 according to Schwarz Criteria. d stands for first difference