*** Sat, 3 Sep 2016 22:23:21 ***
VAR ESTIMATION RESULTS
endogenous variables: realcons realgdp realinv
exogenous variables:
deterministic variables: CONST
endogenous lags: 4
exogenous lags: 0
sample range: [1960 Q1, 2009 Q3], T = 199
modulus of the eigenvalues of the reverse characteristic polynomial :
|z| = ( 1.5287 1.5287 2.1209 2.1209 4.1522 4.1522 1.5245 1.5245 1.0538 1.0538 1.3179 0.9958 )
Legend:
=======
Equation 1 Equation 2 ...
------------------------------------------
Variable 1 | Coefficient ...
| (Std. Dev.)
| {p - Value}
| [t - Value]
Variable 2 | ...
...
------------------------------------------
Lagged endogenous term:
=======================
realcons realgdp realinv
-------------------------------------------
realcons(t-1)| 1.399 1.268 0.936
| (0.112) (0.192) (0.138)
| {0.000} {0.000} {0.000}
| [12.442] [6.610] [6.765]
realgdp (t-1)| -0.238 0.566 -0.153
| (0.089) (0.152) (0.109)
| {0.007} {0.000} {0.160}
| [-2.680] [3.735] [-1.404]
realinv (t-1)| 0.285 0.324 1.159
| (0.104) (0.177) (0.128)
| {0.006} {0.068} {0.000}
| [2.740] [1.827] [9.061]
realcons(t-2)| -0.070 -0.617 -0.613
| (0.189) (0.322) (0.232)
| {0.711} {0.055} {0.008}
| [-0.371] [-1.915] [-2.642]
realgdp (t-2)| 0.016 0.343 0.180
| (0.127) (0.216) (0.156)
| {0.901} {0.112} {0.249}
| [0.125] [1.587] [1.153]
realinv (t-2)| -0.107 -0.424 -0.312
| (0.163) (0.278) (0.200)
| {0.510} {0.127} {0.120}
| [-0.659] [-1.525] [-1.555]
realcons(t-3)| 0.100 -0.116 -0.145
| (0.193) (0.329) (0.237)
| {0.605} {0.725} {0.539}
| [0.518] [-0.352] [-0.614]
realgdp (t-3)| 0.012 -0.164 -0.208
| (0.126) (0.215) (0.155)
| {0.922} {0.445} {0.179}
| [0.099] [-0.764] [-1.343]
realinv (t-3)| -0.072 0.109 0.243
| (0.160) (0.273) (0.197)
| {0.653} {0.691} {0.218}
| [-0.450] [0.398] [1.231]
realcons(t-4)| -0.446 -0.444 -0.117
| (0.129) (0.219) (0.158)
| {0.001} {0.043} {0.460}
| [-3.470] [-2.025] [-0.739]
realgdp (t-4)| 0.225 0.206 0.153
| (0.092) (0.157) (0.113)
| {0.014} {0.189} {0.176}
| [2.451] [1.314] [1.353]
realinv (t-4)| -0.113 -0.119 -0.196
| (0.110) (0.187) (0.135)
| {0.303} {0.525} {0.146}
| [-1.029] [-0.636] [-1.453]
-------------------------------------------
Deterministic term:
===================
realcons realgdp realinv
---------------------------------------
CONST | 3.263 17.568 -7.535
| (10.803) (18.426) (13.283)
| {0.763} {0.340} {0.571}
| [0.302] [0.953] [-0.567]
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