The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Variables | Coefficient | Std. error | Prob. | |||||
---|---|---|---|---|---|---|---|---|
Regimes | Regime(0) | Regime(1) | Regime(0) | Regime(1) | Regime(0) | Regime(1) | ||
Constant | − 0.320646 | − 2.80852 | 0.147 | 0.133 | 0.018 | 0.000 | ||
STO | − 0.899544 | − 1.74743 | 0.05922 | 0.153 | 0.003 | 0.000 | ||
DEP | − 3.50716 | − 2.70415 | 0.3094 | 0.1255 | 0.000 | 0.000 | ||
AR-1 | 0.619842 | − 0.37659 | 0.1683 | 0.1514 | 0.000 | 0.000 | ||
AR-2 | − 0.154128 | 0.329754 | 0.1344 | 0.2025 | 0.075 | 0.000 | ||
AR-3 | 0.545574 | − 0.12211 | 0.06607 | 0.03899 | 0.000 | 0.010 | ||
Sigma | 0.058789 | 2.12567 | 0.008923 | 0.6157 | ||||
M | 2.55658 | 0.1187 | 0.000 | |||||
GDP | 4.98103 | 1.9171 | 0.000 | |||||
CPI | 14.4216 | 0.4947 | 0.000 | |||||
RATE | 8.69911 | 0.3912 | 0.000 | |||||
INV | − 1.93791 | 0.1601 | 0.000 | |||||
Transition matrix and the average of persistence years | P00: 0.76165 | P10: 0.85714 | ||||||
P01: 0.23835 | P11: 0.14286 |