Variance decomposition of L(N₂O)

Period

S.E.

L(N₂O)

L(GDPP)

L(GDPP)²

L(CPIN)

L(EUP)

L(OIL)

L(TOP)

L(FDI)

1

0.124

100.000

0.000

0.000

0.000

0.000

0.000

0.000

0.000

2

0.189

79.036

0.093

3.625

3.837

1.785

3.291

3.422

4.912

3

0.224

73.971

0.632

3.374

2.783

1.557

2.439

6.002

9.243

4

0.262

64.997

1.545

3.770

2.048

1.376

1.963

11.070

13.231

5

0.302

59.760

2.100

3.247

2.513

1.052

1.517

10.512

19.299

6

0.343

53.907

3.068

2.811

2.051

0.938

1.355

13.156

22.714

7

0.374

50.049

4.662

2.363

1.883

0.862

1.388

15.465

23.328

8

0.408

47.294

5.365

1.984

1.823

0.723

1.747

17.867

23.195

9

0.442

44.631

6.031

1.701

1.637

0.618

2.199

20.476

22.707

10

0.473

42.701

6.539

1.505

1.559

0.564

2.382

22.937

21.814

Cholesky Ordering: L(CH₄) L(GDPP) L(GDPP)² L(CPIN) LEUP) L(OIL) L(TOP) L(FDI)