The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 6 Long-run ARDL estimates
From: Non-linear impact of exchange rate changes on U.S. industrial production
IPIs for sectors | LNEER | Ln (CPI) | Ln (GFCF) | Ln (M2) | Ln (L) |
|---|---|---|---|---|---|
energy materials (3, 0, 1, 4, 0, 0) | L0.06 (0.17) | 0.77 (0.91) | 0.21 (0.16) | 0.40* (0.23) | L4.29 (1.38) |
Mining (3, 0, 3, 4, 0, 0) | 0.06 (0.26) | 3.69** (1.79) | 0.22 (0.27) | L0.37 (0.50) | L6.84*** (2.25) |
Non-durable manufacturing (4, 4, 6, 1, 0, 0) | L0.003 (0.06) | L0.46 (0.41) | 0.32*** (-0.05) | L0.13 (0.10) | 0.70 (0.54) |
Electricity (4, 5, 6, 4, 6, 4) | 0.03 (0.06) | 1.45 (1.93) | 0.07 (0.05) | L0.21** (0.09) | 1.73*** (0.62) |