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