Table 5 Variance decomposition analysis: Public Debt and Sustainable development.

From: Dynamic interactions among public debt, governance, and sustainable development-insights from noble GMM-PVAR analysis

 

1

2

3

Forecast Horizon (Year)

Impulse Variable

Impulse Variable

Impulse Variable

 

ANS

PD

GOV

ANS

PD

GOV

ANS

PD

GOV

 

Response on ANS

Response on PD

Response on GOV

2

0.969

0.020

0.027

0.073

0.838

0.022

0.024

0.029

0.849

4

0.928

0.026

0.0305

0.067

0.774

0.025

0.023

0.040

0.764

6

0.925

0.026

0.0305

0.067

0.768

0.025

0.023

0.044

0.740

8

0.925

0.026

0.0305

0.067

0.765

0.026

0.023

0.045

0.736

10

0.924

0.026

0.0305

0.067

0.764

0.026

0.023

0.046

0.735

  1. The impact of impulse variables on response variables, ANS, PD, and GOV, is given in columns 1, 2 and 3, respectively.
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