Period | Variance decomposition of India oil prices due to shocks | ||||||
India Oil | France | Spain | Malaysia | Singapore | Taiwan | Japan | |
3 | 98.92*** (0.531) | 0.163 (0.183) | 0.029 (0.156) | 0.124 (0.238) | 0.293 (0.293) | 0.289 (0.342) | 0.169 (0.210) |
6 | 98.75*** (0.627) | 0.165 (0.185) | 0.032 (0.158) | 0.125 (0.238) | 0.446 (0.736) | 0.298 (0.342) | 0.181 (0.210) |
9 | 98.756*** (0.627) | 0.165 (0.185) | 0.032 (0.158) | 0.125 (0.238) | 0.446 (0.736) | 0.298 (0.342) | 0.181 (0.210) |
12 | 98.756*** (0.627) | 0.165 (0.185) | 0.032 (0.158) | 0.125 (0.238) | 0.446 (0.736) | 0.298 (0.342) | 0.181 (0.210) |