The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Variable | Food, beverages, and tobacco | Textile | Pulp and paper | Chemical, oil, and coal | Ceramic, stone, and clay | Iron and steel | Machinery | Manufacturing |
---|---|---|---|---|---|---|---|---|
Long-run coefficients | ||||||||
 GDPC | 0.147360*** | 0.119176** | 0.287689** | 0.065143 | 0.317358*** | 0.000987 | 0.770468*** | 0.124310*** |
(0.044047) | (0.050132) | (0.114281) | (0.069830) | (0.101730) | (0.050811) | (0.181140) | (0.038482) | |
 (GDPC)2 | − 0.013150*** | − 0.016931** | − 0.053956*** | − 0.002060 | − 0.040417*** | 0.000275 | − 0.084354*** | − 0.014479*** |
(0.004949) | (0.006778) | (0.015034) | (0.008642) | (0.012120) | (0.005466) | (0.021488) | (0.004587) | |
 IS | 0.636207*** | 0.800343*** | − 1.182101*** | 2.050849*** | 1.584145*** | 0.897043*** | 0.696221*** | 0.123055** |
(0.068811) | (0.262021) | (0.325306) | (0.309755) | (0.393550) | (0.175925) | (0.191261) | (0.056312) | |
 EI | 2.619090*** | 0.125938* | − 0.549127*** | 0.065448 | − 0.526078*** | 0.215417** | 0.168755 | 0.236930** |
(0.270163) | (0.072922) | (0.086130) | (0.072448) | (0.144798) | (0.093065) | (1.502901) | (0.110316) | |
 Error correction coefficient | − 0.579107*** | − 0.604490*** | − 0.417961*** | − 0.467912*** | − 0.559152*** | − 0.442013*** | − 0.397703*** | − 0.557076*** |
(0.060363) | (0.058340) | (0.043413) | (0.067305) | (0.057536) | (0.049781) | (0.043114) | (0.054241) | |
Short-run coefficients | ||||||||
 ΔGDPC | 0.872251 | 0.735941 | − 0.160085 | − 2.424064** | 2.684560* | − 0.755117 | − 1.121660 | − 0.514275 |
(0.875910) | (0.867530) | (0.578635) | (1.164258) | (1.550172) | (0.972145) | (1.027743) | (0.600495) | |
 Δ(GDPC)2 | − 0.156977 | − 0.074715 | 0.034954 | 0.428707* | − 0.472959* | 0.091305 | 0.179237 | 0.093136 |
(0.130263) | (0.127341) | (0.088492) | (0.227241) | (0.250677) | (0.174097) | (0.161293) | (0.106981) | |
 ΔIS | 0.670795 | − 1.067714 | 5.170944* | 0.405509 | 1.391207 | 0.546000 | 0.275745 | − 0.289220 |
(0.456197) | (2.008301) | (2.672574) | (1.176597) | (2.227386) | (0.506880) | (0.235868) | (0.219094) | |
 ΔEI | − 0.535951 | 0.150601 | − 0.111445 | 0.266835 | − 0.244567 | − 1.106138 | 0.406767 | − 3.527508*** |
(1.176269) | (0.283678) | (0.248756) | (0.655872) | (0.559241) | (0.771286) | (2.395601) | (1.013906) | |
 Constant | 0.252151*** | 0.332681*** | 0.232160*** | 0.109252** | 0.087599*** | 0.338307*** | − 0.391421*** | 0.325640*** |
(0.034445) | (0.045070) | (0.031294) | (0.043195) | (0.025015) | (0.041906) | (0.046563) | (0.037055) | |
 Trend | − 0.002542*** | 0.002464** | 0.001951** | − 0.000346 | 0.000467 | − 0.002797** | − 0.002589** | − 0.000800 |
(0.000857) | (0.001164) | (0.000876) | (0.001094) | (0.001169) | (0.001297) | (0.001219) | (0.000648) | |
 Observations | 1034 | 1034 | 1034 | 1034 | 1034 | 1034 | 1034 | 1034 |
 Turning point (million yen) | 5.60 | 3.52 | 2.67 | – | 3.93 | – | 4.57 | 4.29 |