The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 4 Panel ARDL mean group (PARDL-MG) estimations—upstreamness (2000–2014 and 2007–2009).
From: Monetary shocks and production network in the G7 countries
Upstreamness | Period: 2000–2014 | Period: 2007–2009 | ||
|---|---|---|---|---|
ir1 | ir2 | ir1 | ir2 | |
Short-run parameters | ||||
\({\text{up}}^{{\text{total}}}\) | 0.311* | 0.427* | 0.176 | 0.045 |
\({\text{up}}^{{\text{construction}}}\) | − 0.056 | − 0.045 | 0.276 | − 0.344 |
\({\text{up}}^{{\text{fin}}}\) | − 0.067 | 0.386 | − 0.202* | − 0.887 |
\({\text{up}}^{{\text{ins}}}\) | − 0.012 | 0.077 | − 0.106 | − 0.088 |
\({\text{up}}^{{\text{estate}}}\) | − 0.265 | − 0.678* | 0.192 | 0.065 |
ECT | ||||
Φj | − 0.204* | − 0.426* | − 0.588 | − 0.667 |
Long-run parameters | ||||
\({\text{up}}^{{\text{total}}}\) | 0.715* | 0.688* | 0.567 | 0.778 |
\({\text{up}}^{{\text{construction}}}\) | − 0.882 | − 0.905* | − 0.776 | − 0.722 |
\({\text{up}}^{{\text{fin}}}\) | − 0.083 | 0.227 | − 0.456* | 0.567 |
\({\text{up}}^{{\text{ins}}}\) | − 0.047 | − 0.225 | − 0.109 | − 0.227 |
\({\text{up}}^{{\text{estate}}}\) | − 1.582* | − 2.667* | − 0.677 | 1.776 |
Constant | 0.543* | − 0.873 | 1.027 | 2.339 |