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

Journal of Economic Structures Cover Image

Table 6 Cholesky variance decomposition matrix—long run (lag 10)

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) 40.4 23.18 9.66 10.32 15.49 .87
Log (export) 8.5 79.9 2.61 5.77 2.28 .88
Log (import) 23.8 59.78 7.8 3.88 4.13 .83
Log (investment) 17.24 19.5 17.5 23.3 21.5 .90
Log (interest rate) 26.9 25.5 14.15 16.4 16.5 .40
Log (debt) 6.46 76.65 5.17 4.7 6.2 .62