Variable | Actual economy | Artificial economy (SRBC-OIL) | Artificial economy (SRBC-TFP) | ||||||||
Standard deviation (%) | Auto- correlation | Correlations with output | Standard deviation (%) | Auto- correlation | Correlations with output | K-P ratio (%) | Standard deviation (%) | Auto- correlation | Correlations with output | K-P ratio (%) | |
Output | 3.76 | 0.39 | 1.00 | 0.99 | 0.65 | 1.00 | 26.33 | 4.23 | 0.64 | 1.00 | 112.50 |
Consumption | 1.74 | 0.71 | 0.15 | 0.29 | 0.40 | −0.99 | 16.67 | 0.81 | 0.71 | 0.93 | 46.55 |
Capital investment | 5.93 | 0.50 | 0.74 | 0.34 | 0.39 | 0.99 | 5.73 | 7.08 | 0.64 | 0.99 | 119.39 |
Durables investment | 5.28 | 0.59 | 0.52 | NA | NA | NA | NA | NA | NA | NA | NA |
Total investment | 5.19 | 0.61 | 0.88 | NA | NA | NA | NA | NA | NA | NA | NA |
Household oil consumption | 7.96 | 0.75 | 0.04 | NA | NA | NA | NA | NA | NA | NA | NA |
Labor | 2.45 | 0.49 | 0.78 | 0.64 | 0.61 | 0.97 | 26.12 | 1.74 | 0.64 | 0.99 | 71.02 |
Oil price | 20.73 | 0.69 | 0.06 | 14.93 | 0.66 | 0.93 | 72.02 | 0 | 0.86 | −0.60 | 0 |