Variable | Actual economy | Artificial economy (SRBC) | |||||
Standard deviation (%) | Autocorrelation | Correlations with output | Standard deviation (%) | Autocorrelation | Correlations with output | K-P ratio (%) | |
Output | 3.76 | 0.39 | 1.00 | 3.72 | 0.48 | 1.00 | 98.94 |
Consumption | 1.74 | 0.71 | 0.15 | 0.68 | 0.48 | 0.84 | 39.08 |
Capital investment | 5.93 | 0.50 | 0.74 | 6.03 | 0.49 | 0.99 | 101.69 |
Durables investment | 5.28 | 0.59 | 0.52 | NA | NA | NA | NA |
Total investment | 5.19 | 0.61 | 0.88 | NA | NA | NA | NA |
Household oil consumption | 7.96 | 0.75 | 0.04 | NA | NA | NA | NA |
Labor | 2.45 | 0.49 | 0.78 | 1.64 | 0.48 | 0.92 | 66.94 |
Oil price | 20.73 | 0.69 | 0.06 | 14.98 | 0.47 | 0.04 | 72.26 |