PREUN | FOODS | GDP | PRICR | UNEMP | ||||||
Adjust R-squared | 0.9890 | 0.5159 | 0.9645 | 0.8614 | 0.5572 | |||||
Granger causality | ||||||||||
for PREUN [a] | 9.1414 | *** |
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for FOODS [b] | 7.6263 | *** |
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for GDP [c] | 3.4814 | ** | ||||||||
for PRICR [d] | 2.3903 | * | ||||||||
for UNEMP [e] | 6.6239 | *** | ||||||||
Independent Variables | Regression Coefficients | |||||||||
Intercept | 11.5704 | *** | 4.9603 | 11.2980 | 5.6767 | * | 9.2032 | |||
Time Trend | −0.0139 | ** | 0.0042 | 0.0388 | −0.0125 | ** | 0.0428 | |||
PREUN t−1 | 0.2820 | 0.2466 | 0.0874 | −0.4954 | ** | 2.9990 | ||||
FOODS t−1 | −1.3923 | *** | 0.2581 | −0.6603 | −0.1872 | −3.3708 | ||||
GDP t−1 | 0.1170 | * | -0.0594 | 0.6258 | ** | 0.1248 | * | −1.0146 | ||
PRICR t−1 | 0.1174 | 0.1288 | −0.7065 | 0.1302 | 4.0016 | * | ||||
UNEMP t−1 | −0.0421 | 0.0360 | −0.3846 | ** | 0.1034 | ** | 0.2927 | |||
Covariance Matrix of Residuals | ||||||||||
PREUN | 0.00016 | −0.00014 | 0.00029 | 0.00009 | 0.00001 | |||||
FOODS | −0.00014 | 0.00021 | −0.00017 | −0.00008 | −0.00024 | |||||
GDP | 0.00029 | −0.00017 | 0.00417 | 0.00017 | −0.00593 | |||||
PRICR | 0.00009 | −0.00008 | 0.00017 | 0.00022 | 0.00104 | |||||
UNEMP | 0.00001 | −0.00024 | −0.00593 | 0.00104 | 0.02402 | |||||
Correlation Matrix of Residuals |