Skip to main content

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

Journal of Economic Structures Cover Image

Table 5 Cholesky variance decomposition matrix—short run (Lag 4)

From: Boundaries on Turkish export-oriented industrialization

Variance decomposition variable Log (capacity utilization), % Log (export), % Log (import), % Log (investment), % Log (interest rate), % Log (debt), %
Log (capacity utilization) 57.7 3. 0 13.8 5.17 20.01 .18
Log (export) 10.44 78.7 1.7 6.4 1.8 .9
Log (import) 23.1 67.09 4.6 2.47 2.26 .43
Log (investment) 6.3 20.1 17.1 28.2 27.5 .71
Log (interest rate) 40.4 18.5 5.06 23.5 12.18 .13
Log (Debt) 9.32 63.4 9.6 12.0 3.7 1.8