Period
93:1 to 99:6 |
|
| ||
Contem-poraneous | Lags Only |
|
| |
M1 | 2.25(1) | 0.22(1) | 6.55(1)** | 1.06(1) |
M2 | 0.3(1) | 0.17(1) | 13.18(1)*** | 6.97(1)*** |
Exports | 1.76(1) | 0.62(1) | 0.12(1) | 1.93(1) |
Imports | 3.01(1)* | 0.03(1) | 0.42(1) | 0.40(1) |
Trade Balance | 2.17(1) | 2.07(1) | 0.60(1) | 0(1) |
For. Cap.Inflow | 3.65(1)* | 4.25 (4) | 0.25(1) | 1.13(1) |
Budget Deficit | 0.09(1) | 2.49 (1) | 1.62(1) | 1.01(1) |
Gov. Debt | 0.41(1) | 1.13(1) | 1.35(1) | 0.92(1) |
Price Level (CPI) | 1.67(1) | 7.12 (3) | 2.02(1) | 6.55(1)** |
Price Level (PPI) | 0.54(1) | 0.14(1) | 0.70(1) | 4.95(1)** |
Exch.Rate (US$) | 0.52(1) | 1.01(1) | 0.44(1) | 0.17(1) |
Ind. Production | 0.48(1) | 3.31 (2) | 53.80(1)*** | 60.83(3)*** |
Period
93:1 to 99:6 |
|
| ||
Contem-poraneous | Lags Only |
|
| |
M1 | 19.79(1)*** | 70.65(5)*** | 36.65(1)** | 114.54(5)*** |
M2 | 129.43(1)*** | 183.10(5)*** | 2.24(1) | 90.96(5)*** |
Exports | 0.54(1) | 70.45(5)*** | 1.18(1) | 85.98(5)*** |
Imports | 0.33(1) | 69.40(5)*** | 0.25(1) | 86.97(5)*** |
Trade Balance | 0.01(1) | 69.17(5)*** | 1.55(1) | 90.98(5)*** |
For. Cap.Inflow | 13.35(1)*** | 83.82(5)*** | 18.69(1)*** | 110.62(5)*** |
Budget Deficit | 0(1) | 71.61(5)*** | 3.05(1)* | 86.80(5)*** |
Gov. Debt | 13.20(1)*** | 85.19(5)*** | 20.84(1)*** | 106.98(5)*** |
Price Level (CPI) | 2.84(1)* | 74.88(5)*** | 1.62(1) | 99.11(5)*** |
Price Level (PPI) | 2.68(1) | 70.84(5)*** | 1.80(1) | 88.84(5)*** |
Exch.Rate (US$) | 0.66(1) | 66.81(5)*** | 0.08(1) | 75.39(5)*** |
Ind. Production | 0.44(1) | 69.30(5)*** | 0.99(1) | 89.63(5)*** |