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Table 9 Variance decompositions

From: Interplays among R&D spending, patent and income growth: new empirical evidence from the panel of countries and groups

  Period S.E. D(RDSHARE) D(PCGDPGRTH) D(PATENT)
Variance decomposition of D(RDSHARE) 1 0.059187 100 0 0  
2 0.062459 94.01775 4.888333 1.093919  
3 0.064861 90.4759 7.885775 1.638325  
4 0.065457 89.89587 7.823029 2.281101  
5 0.065894 89.09499 8.021917 2.883096  
6 0.066173 88.42402 8.182175 3.393807  
7 0.066329 88.06616 8.151538 3.782303  
8 0.066456 87.74824 8.149495 4.102269  
9 0.066557 87.48979 8.159912 4.3503  
10 0.066628 87.30769 8.152066 4.540246  
Variance Decomposition of D(PCGDPGRTH) 1 2.465358 4.73263 95.26737 0  
2 2.771294 3.873821 95.67596 0.450219  
3 2.785086 3.978012 95.50449 0.5175  
4 2.828958 4.042071 95.4276 0.530324  
5 2.835665 4.023121 95.36775 0.609132  
6 2.838288 4.021735 95.32755 0.650714  
7 2.839939 4.023632 95.30156 0.674813  
8 2.840443 4.022626 95.27609 0.70128  
9 2.84092 4.021376 95.25819 0.720434  
10 2.841127 4.021188 95.24515 0.733658  
Variance Decomposition of D(PATENT) 1 29256.21 0.191695 2.74788 97.06043  
2 33133.24 0.243246 4.35231 95.40444  
3 37096.5 0.212724 3.941859 95.84542  
4 39492.22 0.253504 4.178638 95.56786  
5 41360.94 0.259705 4.298927 95.44137  
6 42679.53 0.28115 4.333575 95.38528  
7 43680.96 0.294265 4.373416 95.33232  
8 44430.95 0.304606 4.413838 95.28156  
9 44995.79 0.312848 4.434131 95.25302  
10 45423.92 0.319278 4.450963 95.22976  
  1. Cholesky ordering: D(RDSHARE) D(PCGDPGRTH) D(PATENT)