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

Table 4 The results of Pre-break/post-break F Test’s P values (placebo breaks)

From: Structural change and output volatility reduction in OECD countries: evidence of the Second Great Moderation

Country

1973Q2

1985Q4

1998Q2

Australia

0.173

0.543

0.450

Austria

0.688

0.664

0.009***

Belgium

0.173

0.235

0.501

Canada

0.104

0.195

0.967

Denmark

0.997

0.380

0.158

Finland

0.396

0.870

0.060*

France

0.000***

0.069*

0.277

Germany

0.034**

0.309

0.199

Greece

0.048**

0.113

0.026**

Iceland

0.000***

0.003***

0.004***

Ireland

0.000***

0.690

0.187

Italy

0.338

0.567

0.000***

Japan

0.016**

0.118

0.754

Korea

0.644

0.244

0.999

Luxembourg

0.962

0.565

0.123

Mexico

0.000***

0.046**

0.154

Netherlands

0.044**

0.943

0.001***

New Zealand

0.001***

0.831

0.360

Norway

0.000***

0.024**

0.420

Portugal

0.179

0.108

0.047**

Spain

0.255

0.219

0.664

Sweden

0.385

0.480

0.783

Switzerland

0.552

0.301

0.001***

Turkey

0.000***

0.199

0.007***

United Kingdom

0.303

0.620

0.135

United States

0.957

0.215

0.000***

  1. *represents statistical significance at 10 %, ** at 5 %, *** at 1 %