Variance Decomposition of LNVENUES | ||||
Period | S.E | LMARKET | LNPRICE | LNVENUES |
1 | 0.094443 | 0.164 (0.732) | 7.283 (3.501) | 92.551 (3.653) |
2 | 0.150983 | 0.259 (0.895) | 12.556 (4.606) | 87.183 (4.751) |
3 | 0.188337 | 0.277 (1.076) | 14.992 (5.285) | 84.729 (5.439) |
4 | 0.216180 | 0.260 (1.195) | 16.529 (5.691) | 83.209 (5.838) |
5 | 0.238716 | 0.233 (1.305) | 17.771 (6.024) | 81.994 (6.163) |
6 | 0.257651 | 0.207 (1.432) | 18.893 (6.348) | 80.899 (6.484) |
7 | 0.273879 | 0.184 (1.585) | 19.950 (6.676) | 79.864 (6.817) |
8 | 0.287984 | 0.167 (1.766) | 20.966 (7.008) | 78.866 (7.166) |
9 | 0.300378 | 0.154 (1.977) | 21.953 (7.345) | 77.891 (7.531) |
10 | 0.311362 | 0.146 (2.213) | 22.918 (7.683) | 76.934 (7.910) |