Information about Asia and the Pacific Asia y el Pacífico
Chapter

Statistical Appendix

Author(s):
Krishna Srinivasan, Erich Spitäller, M. Braulke, Christian Mulder, Hisanobu Shishido, Kenneth M. Miranda, John Dodsworth, and Keon Lee
Published Date:
March 1996
Share
  • ShareShare
Information about Asia and the Pacific Asia y el Pacífico
Show Summary Details
Table A1.Ranking of Low-Income Countries According to Share of Industry in GDP, 1987,1
Population (in millions)Per Capita Income (in U.S. dollars)Share of Industry (in percent)
Uganda162807
Tanzania251607
Bangladesh10917014
Sudan2448015
Ghana1440016
Madagascar1119016
Nepal1818017
Ethiopia4712017
Mozambique1510020
Kenya2237020
Pakistan10635024
Vietnam64130225
Sri Lanka1742027
India81634030
Zaïre3317034
Nigeria11029036
China1,08833046
Unweighted average14925622
Sources: World Bank, World Development Report 1990; General Statistical Office; and IMF staff estimates.

Sample of countries with population over 10 million and per capita income of $160-$500 in 1987.

Per capita income of 1989.

Sources: World Bank, World Development Report 1990; General Statistical Office; and IMF staff estimates.

Sample of countries with population over 10 million and per capita income of $160-$500 in 1987.

Per capita income of 1989.

Table A2.Food Production
198019871988198919901991199219931994
In thousands of metric tons
Production14,28017,47619,51121,51621,48821,98924,21425,50226,198
By product
Rice paddy11,64715,10317,00018,99619,22419,62121,59022,83723,598
Spring crop3,8745,4996,8747,5397,8456,7889,1539,03610,300
Autumn crop1,5942,5293,3794,0634,1104,7174,9105,6335,300
Winter crop6,1807,0746,6477,3947,2698,1167,5278,1687,998
Other cereals12,6332,3742,5112,5202,2642,3682,6242,6652,600
Maize429561815838671672707882890
Sweet potatoes2,4182,2021,9021,9091,9292,1372,5542,4052,410
Cassava3,3232,7382,8392,5852,2762,4552,4702,4502,450
Potatoes872498347331365285259259259
By region
North9,1448,4497,8359,70110,7989,883
South12,37213,03914,15414,51314,70416,315
In thousands of hectares
Area cultivated6,8836,6256,8907,0907,1117,4507,7077,7777,798
Of which: rice paddy5,6005,5895,7265,8966,0286,3036,4756,5606,545
By region
North3,2613,2243,6543,3983,3913,377
South3,8293,8873,7964,3094,3864,421
In metric tons per hectare
Yield
Of which: rice paddy2.082.702.973.223.193.113.333.483.61
By region
North2.802.622.142.853.182.93
South3.233.353.733.373.353.69
Percent change
Rice paddy−1.5−5.612.611.71.22.110.05.83.3
Other cereals158.53.95.80.4−10.24.610.81.6−2.4
Memorandum items:
Per capita production
Total cereal266280306332324324349359361
Rice217242267293290290311322325
Other cereals493839393435383836
Ratio of other cereals/total18.413.612.911.710.510.810.810.59.9
Sources: Ministry of Agriculture and Forestry; and General Statistical Office.

In rice equivalent units. One kilogram of paddy is approximately equivalent to 3 kilograms each of maize, sweet potatoes, or cassava.

Sources: Ministry of Agriculture and Forestry; and General Statistical Office.

In rice equivalent units. One kilogram of paddy is approximately equivalent to 3 kilograms each of maize, sweet potatoes, or cassava.

Table A3.Value of Gross Agricultural Production
198719881989199019911992199319941
In billions of dong at 1989 prices
Total13,12613,65614,70614,91915,35916,60717,63718,342
Food crops7,7008,2789,0629,1609,27610,057
Paddy and other cereals6,0536,7377,4027,3967,5428,2818,7479,055
Vegetables and beans720703757757756772
Fruits9278389031,0079781,004
Other281313364327323370
Industrial crops1,5281,5671,5451,6131,9131,903
Animal husbandry3,6173,4983,7353,8203,8474,2764,5204,733
Percent change
Total0.44.07.71.42.98.16.24.0
Food crops−3.27.59.51.11.38.4
Paddy and other cereals−4.011.39.9−0.12.09.85.63.5
Vegetables and beans1.7−2.47.7−0.12.1
Fruits−1.2−9.67.811.5−2.92.7
Other−10.611.416.1−10.0−1.214.6
Industrial crops5.42.6−1.44.418.7−0.5
Animal husbandry7.7−3.36.82.30.711.25.74.7
Sources: Ministry of Agriculture and Forestry; and General Statistical Office.

Preliminary data and estimates. The total for industrial and noncereal food crops is D 4,364 billion for 1993 and D 4,536 billion for 1994.

Sources: Ministry of Agriculture and Forestry; and General Statistical Office.

Preliminary data and estimates. The total for industrial and noncereal food crops is D 4,364 billion for 1993 and D 4,536 billion for 1994.

Table A4.Agricultural Production by Type of Crop, 1988(Share in total)
CropStateCooperative SectorPrivate Sector
Food crops0.680.019.3
Of which: rice0.682.017.3
Other foods
(vegetables, beans)0.212.187.7
Tea46.153.9
Coffee20.979.1
Rubber99.20.8
Sugarcane8.718.772.6
Peanuts1.244.754.1
Tobacco1.743.454.9
Sources: General Statistical Office; and IMF staff estimates.
Sources: General Statistical Office; and IMF staff estimates.
Table A5.Farm Households Organized in Cooperatives, 1988
RegionPercentage
Total69
Northern Mountains90
Red River Delta99
Central coast (north)98
Central coast (south)91
Central highlands48
Northeast of south land20
Mekong Delta7
Sources: General Statistical Office; and IMF staff estimates.Note: Production brigades are not included.
Sources: General Statistical Office; and IMF staff estimates.Note: Production brigades are not included.
Table A6.Number of State and Collective Units in Agriculture
1980198719881989199019911992199319941
State farms and plantations1,087870801794793686623630681
Collective units21,95655,65652,83348,94330,44329,82023,68622,900
Cooperatives12,60616,98517,33518,63116,341
Productive brigades9,35038,67135,49830,31214,102
Numbers of state employees
(in thousands)262387372380343305269260
Sources: General Statistical Office; and Kim (1994).

Estimated.

Sources: General Statistical Office; and Kim (1994).

Estimated.

Table A7.Industrial Production by Sector and Ownership
198719881989199019911992199319941
In billions of dong, at 1989 prices
State sector7,9319,1608,9319,47610,59812,77914,64216,755
Excluding fuel7,6088,7517,9687,9258,4579,81611,29913,080
Central4,6955,2735,5846,4387,4359,15510,60212,086
Local3,2363,8883,3483,0383,1633,6244,0404,669
Nonstate sector4,2274,7724,5674,5354,8735,3385,7696,415
Cooperatives2,4692,4941,5941,275747515434
Private1,7572,2782,9733,2604,1264,8235,335
Total12,15813,93213,49814,01115,47118,11720,41123,170
Share in percent
State sector65.265.766.267.668.570.571.772.3
Central38.637.841.445.948.150.551.952.2
Local26.627.924.821.720.420.019.820.2
Nonstate sector34.834.333.832.431.529.528.327.7
Cooperatives20.317.911.89.14.82.82.1
Private14.516.422.023.326.726.626.1
Growth rates, in percent
State sector9.315.5−2.56.111.820.614.614.4
Excluding fuel10.415.0−8.9−0.56.716.115.115.8
Central6.812.35.915.315.523.115.814.0
Local13.120.1−13.9−9.24.114.611.515.6
Nonstate sector10.912.9−4.3−0.77.59.58.111.2
Cooperatives5.81.0−36.1−20.0−41.4−31.1−15.6
Private19.029.630.59.626.616.910.6
Total9.914.6−3.13.810.417.112.713.5
In units
Number of state enterprises3,0323,1013,0202,7622,5992,2682,030
By sector
Heavy industry1,6121,4581,4521,3841,192990854
Light industry1,4201,6431,5681,3781,4071,2781,176
By type of management
Central719681666589546537522
Provincial2,3132,4202,3542,1732,0531,7311,508
Number of nonstate enterprises350,909356,522390,786456,559374,837461,475
Cooperatives33,96232,03421,90113,0868,8295,7235,287
Private enterprises4903181,2847709591,1143,322
Household enterprises318,557333,337376,930446,771368,000452,866
Sources: General Statistical Office; and IMF staff estimates.

Preliminary data.

Sources: General Statistical Office; and IMF staff estimates.

Preliminary data.

Table A8.Gross Industrial Production by Sector and Main Products
198719881989199019911992199319941
In billions ofdong at 1989 prices
Total industrial output11,89113,47513,58414,01115,47118,11720,21123,170
Energy, combustibles1,2501,3241,9052,5973,2424,1244,6245,190
Machinery9231,1991,0341,0891,1851,3751,6651,825
Chemicals8318948409211,1141,3551,4161,937
Construction and materials2,3192,5762,2532,3552,5482,8633,1823,485
Food and foodstuffs4,6155,2005,4475,0405,3786,1406,8407,914
Textiles, leather, printing, and other1,9532,2832,1052,0092,0042,2602,4842,819
Growth rates in percent
Total industrial output9.413.30.83.110.417.111.614.6
Energy, combustibles4.26.043.836.324.827.212.112.2
Machinery14.729.9−13.75.38.816.021.19.6
Chemicals11.67.5−6.09.621.021.64.536.8
Construction and materials9.211.1−12.64.58.212.411.19.5
Food and foodstuffs9.112.74.8−7.56.714.211.415.6
Textiles, leather, printing, and other10.316.8−7.8−4.6−0.212.89.913.7
In thousands of metric tons, unless otherwise indicated
Electricity (in trillions of kwh)6,2136,9557,9488,7909,3079,81810,85112,473
Coal6,8396,8603,8494,6274,7285,0195,8995,914
Crude oil2806801,5172,7004,0005,5006,3126,938
Steel697485101149196243280
Cement1,6651,9542,0882,5343,1273,9264,8495,161
Fertilizer485500377358462554714790
Pesticides11135913111412
Bricks (millions)3,6913,8073,5193,4763,7694,2745,0005,413
Bicycles (thousands)2992861148846158130
Sugar (thousands of tons)323356376323372365369361
Beer (millions of liters)849889100131169217
Cigarettes (millions of packages)9828881,1641,2491,2981,5411,5161,833
Source: General Statistical Office.

Preliminary estimates.

Source: General Statistical Office.

Preliminary estimates.

Table A9.GDP by Sectoral Origin and Ownership at Constant Prices
19881989199019911992199319941
In billions of dong at 1989 prices
GDP25,88528,09329,52631,28633,99136,73539,982
State9,3229,55510,37611,66113,01114,679
Excluding oil and state management6,3995,9046,0846,6217,3968,401
Nonstate18,77119,97120,91022,33023,72425,303
Agriculture10,97511,81812,00312,26413,13213,63414,169
State401308315322345369
Nonstate11,41711,69511,94912,81013,28913,800
Industry and construction6,6526,4446,6297,2288,2429,32410,631
State4,0604,2864,7315,6116,4367,372
Excluding oil3,5033,2953,2633,5924,1194,825
Nonstate2,3842,3432,4972,6312,8883,259
Services8,2579,83110,89411,79412,61713,77715,182
Transport and postal service658710744792842897960
State452447483520563605
Nonstate258297309322334355
Trade, retail3,1653,3103,4863,6543,8774,1094,478
State1,6221,1151,1671,2361,2921,358
Nonstate1,6882,3712,4872,6412,8173,120
Finance, insurance275350379448496578710
State310373446493574705
Nonstate4062345
State management, health, science, and education1,7262,3662,6752,8413,0403,3223,760
State2,3662,6602,8243,0213,2983,731
Nonstate1517192429
Housing, tourism, and repairs2,4333,0953,6104,0594,3624,8715,274
State111366409458504539
Nonstate2,9843,2443,6503,9044,3674,735
Annual change in percent
GDP5.08.55.16.08.68.18.8
State2.58.612.411.612.8
Excluding oil and state management−7.73.08.811.713.6
Nonstate6.44.76.86.26.7
Agriculture4.07.71.62.27.23.83.9
State−23.22.32.27.17.0
Nonstate2.42.27.23.73.8
Industry and construction2.2−3.12.99.014.013.114.0
State5.610.418.614.714.5
Excluding oil−5.9−1.010.114.717.1
Nonstate−1.76.65.49.812.8
Services8.919.110.88.37.09.210.2
State2.17.47.58.81 1.4
Excluding state management−7.88.98.08.39.4
Nonstate19.48.96.69.69.2
Sources: General Statistical Office; and IMF staff estimates.

Preliminary data.

Sources: General Statistical Office; and IMF staff estimates.

Preliminary data.

Table A10.GDP by Expenditure Category
Category199019911992199319941
In billions of dong at current prices
GDP41,95576,707110,535136,571170,258
Domestic demand41,85775,640107,716142,710179,028
Gross capital formation6,35011,58818,80626,54237,572
Government2,1262,1356,4509,60011,300
Private4,2249,45312,35616,94226,272
Of which:
Foreign direct investment6292,0232,9063,1926,587
Other private investment3,5947,4309,45013,75019,685
Consumption35,50764,05288,910116,168141,456
Trade balance2981,0672,819−6,139−8,770
Exports22,91535,76738,53853,606
Imports21,85132,95744,67762,377
Share in GDP, in percent
Domestic demand99.898.697.4104.5105.2
Gross capital formation15.115.117.019.421.9
Government5.12.85.87.06.6
Private10.112.311.212.415.2
Of which:
Foreign direct investment1.52.62.62.33.9
Other private investment8.69.78.510.111.3
Consumption84.783.580.485.183.1
Trade balance20.21.42.6−4.5−5.2
Exports29.932.428.231.5
Imports28.529.832.736.6
Sources: General Statistical Office; and IMF staff estimates.Note: Data on capital formation and consumption before 1990 are not reliable owing to large statistical discrepancies.

Preliminary data.

Net exports of goods and nonfactor services.

Sources: General Statistical Office; and IMF staff estimates.Note: Data on capital formation and consumption before 1990 are not reliable owing to large statistical discrepancies.

Preliminary data.

Net exports of goods and nonfactor services.

Table A11.Total Employment by Economic Sector
19881989199019911992199319941
In thousands of persons
Total employment28,40828,85130,29430,97431,81932,71833,669
Agriculture and forestry20,65820,80521,89522,48323,20823,89824,587
Agriculture20,44620,60821,68922,27622,99823,68424,364
Forestry212197206207210214223
Industry and construction4,0064,0364,2104,2144,2754,3704,470
Industry3,1503,2413,3923,3943,4503,5223,595
Construction856795818820825848875
Trade, transport, and communications1,8142,1012,1942,2462,2702,3252,393
Trade and material supply1,3311,6061,6811,7191,7351,7761,825
Transport443455476480484496512
Communication40403747515356
Education, health, and science1,2401,1591,2041,2091,2371,2691,290
Science60605349484848
Education830768803804825848863
Culture, arts, and sports45434546464647
Public health305288303310318327332
Other690750791822829856929
Share in percent
Agriculture and forestry72.772.172.372.672.973.073.0
Industry and construction14.114.013.913.613.413.413.3
Trade, transport, and communications6.47.37.27.37.17.17.1
Education, health, and science4.44.04.03.93.93.93.8
Other2.42.62.62.72.62.62.8
Percent change
Total employment1.61.65.02.22.72.82.9
Agriculture and forestry1.20.75.22.73.23.02.9
Industry and construction3.50.74.30.11.42.22.3
Trade, transport, and communications4.315.84.42.41.12.42.9
Education, health, and science7.8−6.53.90.42.32.61.7
Other−12.48.75.53.90.93.38.5
Sources: General Statistical Office; and IMF staff estimates.

Preliminary data.

Sources: General Statistical Office; and IMF staff estimates.

Preliminary data.

Table A12.Employment by Sector and Ownership
19881989199019911992199319941
In thousands of persons
Total employment28,40828,85130,29430,97431,81932,71833,669
Nonstate employment24,35725,05126,87427,83028,84329,75030,735
Cooperatives20,99819,67419,38018,174
Private3,3595,3777,4949,656
State sector employment24,0513,8003,4203,1442,9762,9682,934
Government1,3421,2951,2411,2271,1931,1991,192
Central315282253278264260254
Local1,0271,013988949929939938
State enterprises2,7102,5062,1811,9161,7821,7611,740
Central1,2551,1881,0911,018978995996
Local1,4551,3181,090898804766744
Percent change
Total employment1.61.65.02.22.72.82.9
Nonstate employment2.02.87.33.63.63.13.3
Cooperatives3.3−6.3−1.5−6.2
Private−5.260.139.428.8
State sector employment−1.0−6.2−10.0−8.1−5.4−0.3−1.1
Government−1.1−3.5−4.2−1.1−2.80.5−0.6
Central−3.4−10.5−10.39.9−5.0−1.5−2.3
Local−0.4−1.4−2.5−3.9−2.11.1−0.1
State enterprises−0.9−7.5−13.0−12.1−7.0−1.2−1.2
Central−1.5−5.3−8.2−6.7−3.91.70.1
Local−0.3−9.4−17.3−17.6−10.5−4.7−2.9
Sources: General Statistical Office; and IMF staff estimates.

Preliminary data.

The split between the government and state enterprises is for most years approximated by the split between nonmaterial and material sector employment.

Sources: General Statistical Office; and IMF staff estimates.

Preliminary data.

The split between the government and state enterprises is for most years approximated by the split between nonmaterial and material sector employment.

Table A13.Government Revenue by Sector
1992199319941
In billions of dong
State enterprises’ tax payments
Profit tax2,0284,1095,585
Of which: oil6831,9501,961
Turnover tax2,1583,3334,402
Special consumption tax (excises)1,3171,9082,120
Nonagricultural private sector tax payments
Profit tax420593900
Personal income tax153184336
Turnover tax5828631,318
Commodity tax22168
License tax72112142
Agricultural tax1,2941,3511,107
As a percentage of sectoral GDP
State enterprises
Profit tax5.17.58.2
Turnover tax5.46.26.4
Special consumption tax (excises)3.33.63.1
Total13.717.317.7
State enterprises (excluding oil)
Profit tax5.66.48.4
Turnover tax9.010.310.2
Special consumption tax (excises)5.55.94.9
Total20.122.723.5
Nonagricultural private sector
Profit tax1.21.41.7
Personal income tax0.40.40.6
Turnover tax1.72.02.4
Commodity tax0.10.00.0
License tax0.20.30.3
Total3.74.15.0
Agriculture3.43.32.3
Sources: Ministry of Finance; General Statistical Office; and IMF staff estimates.

Preliminary data.

Sources: Ministry of Finance; General Statistical Office; and IMF staff estimates.

Preliminary data.

Table A14.Net FDI Inflows: Selected International Comparisons, 1993
In millions of U.S. dollarsAs percent of GDP
Singapore6,06211.0
Estonia1609.3
Malaysia5,2068.2
Hungary2,3396.5
Vietnam (1995 proj.)9004.6
Chile (1989)1,2794.5
China23,1154.2
Vietnam (1994)6504.2
Thailand (1990)2,3032.7
Vietnam3002.3
Poland1,6972.0
Mexico4,9011.5
Philippines7631.4
Indonesia2,0041.4
Sources: IMF, International Financial Statistics (IFS); and Vietnamese authorities.Note: Except where indicated, all data are for 1993.
Sources: IMF, International Financial Statistics (IFS); and Vietnamese authorities.Note: Except where indicated, all data are for 1993.
Table A15.Selected Agricultural Prices by Region(Percent change)
HanoiNam HaQuangnam-Da HangHo Chi Minh CityAn Giang
Fertilizer
Dec. 1993-June 199421.210.611.921.216.8
June 1994-Dec. 199427.532.921.912.017.2
Dec. 1993-Dec. 199454.547.136.435.836.9
Dec. 1994-May 199513.716.026.433.920.5
Rice farmgate
Dec. 1993-June 199425.419.38.222.7−16.2
June 1994-Dec. 199429.039.827.111.117.4
Dec. 1993-Dec. 199461.766.837.536.4−1.7
Dec. 1994-May 199534.419.4−15.222.321.6
Rice retail
Dec. 1993-June 199420.421.09.67.33.2
June 1994-Dec. 19945.04.24.46.4−1.0
Dec. 1993-Dec. 199426.426.114.414.12.2
Dec. 1994-May 199546.855.954.211.640.0
Consumer staples
Dec. 1993-June 199417.529.65.07.1−2.6
June 1994-Dec. 199427.731.41.98.421.4
Dec. 1993-Dec. 199450.170.37.016.118.2
Dec. 1994-May 199533.126.334.46.410.2
Source: State Pricing Committee, General Statistical Office.
Source: State Pricing Committee, General Statistical Office.
Table A16.National Consumer Prices by Component
Weights19921993199419951
(1)(2)(3)(4)(2)(3)(4)(2)(3)(4)(2)(3)(4)
Staples14.8−14.7−2.18−13.96.50.9613.239.15.7838.842.66.3031.9
Other foods29.320.96.1238.97.22.1128.916.24.7531.925.27.3837.5
Nonfood goods41.614.15.8737.43.61.5020.56.12.5417.010.24.2021.3
Services14.341.05.8637.318.92.7036.913.01.8612.512.91.849.3
Total100.015.7100.07.3100.014.9100.019.7100.0
Source: General Statistical Office.Note: (1) Weights in percent.(2) Changes through the year in percent.(3) = (l)*(2), that is, component price changes in terms of change in total CPI.(4) = (3)/Total CPI change, that is, inflation share in percent.GSO-reported changes in the aggregate CPI are:19921993199417.55.214.5

Twelve-month period ended May 1995.

Source: General Statistical Office.Note: (1) Weights in percent.(2) Changes through the year in percent.(3) = (l)*(2), that is, component price changes in terms of change in total CPI.(4) = (3)/Total CPI change, that is, inflation share in percent.GSO-reported changes in the aggregate CPI are:19921993199417.55.214.5

Twelve-month period ended May 1995.

Table A17.CPI (Excluding Staples Prices) and Results of Money Regression
Coefficient and t-ratio (within parentheses)
VariableIIIIII
Constant−1.218(2.4)−0.986(1.9)−0.814(1.6)
M0.068(1.2)0.074(1.3)0.071(1.1)
M10.113(3.1)0.136(3.6)0.147(3.7)
M20.127(3.4)0.149(3.8)0.156(3.8)
M30.120(3.5)0.130(3.7)0.125(3.5)
M40.101(3.3)0.096(2.9)0.081(2.2)
M50.079(2.5)0.627(1.7)0.052(1.4)
M60.063(1.8)0.046(1.3)0.065(1.3)
M70.064(1.9)0.064(1.3)
M80.090(1.9)
Tet10.319(0.7)0.358(0.8)0.367(0.8)
Tet21.505(2.8)1.488(2.8)1.408(2.6)
Tet33.710(7.8)3.676(7.6)3.592(7.5)
Adjusted R squared0.710.690.68
Durbin-Watson12.102.202.10
Sum of lag coefficients20.830.760.70
Note: Dependent variable: Month-to-month percentage change in consumer price index, excluding staples.Independent variables: Month-to-month percentage change in total liquidity (contemporaneous and with lags).

A Durbin-Watson statistic close to 2.0 indicates the absence of serial correlation.

The sum of lag coefficients is an estimate of the long-run multiplier and will approximate to unity as lag length increases.

Note: Dependent variable: Month-to-month percentage change in consumer price index, excluding staples.Independent variables: Month-to-month percentage change in total liquidity (contemporaneous and with lags).

A Durbin-Watson statistic close to 2.0 indicates the absence of serial correlation.

The sum of lag coefficients is an estimate of the long-run multiplier and will approximate to unity as lag length increases.

Table A18.CPI Components and Results of Money Regression
Coefficient and t-ratio (within parentheses)
VariableStaplesOther foodConsumer goodServices
Constant0.264 (0.2)−0.977 (1.2)−1.698(3.6)−0.242 (0.6)
M0.0004 (0.0)0.121 (1.6)0.069(1.2)−0.027 (0.4)
M10.081 (0.7)0.119 (2.2)0.142(4.0)0.002 (0.04)
M20.093 (0.8)0.103 (1.8)0.169(4.6)0.032(1.0)
M30.059 (0.5)0.079 (1.5)0.163(4.8)0.061 (1.8)
M40.004 (0.04)0.055 (1.2)0.136 (4.7)0.085 (3.0)
M5−0.050 (0.5)0.039 (0.8)0.101 (3.3)0.103(3.4)
M6−0.078 (0.7)0.039 (0.7)0.069(2.1)0.111(3.3)
M7−0.056 (0.5)0.062 (1.2)0.054(1.7)0.106(3.4)
M80.038 (0.3)0.115 (1.8)0.067(1.4)0.086(1.7)
Tet10.376 (0.2)−0.022 (0.4)0.338 (0.7)1.722 (2.9)
Tet23.934 (2.3)2.737 (3.9)0.679(1.2)1.772(2.8)
Tet33.425 (2.3)7.416(12.1)1.569(3.1)2.310(3.8)
Adjusted R squared0.200.700.670.55
Durbin-Watson12.002.202.202.00
Sum of lag coefficients20.090.730.970.56
Note: Dependent variable: Month-to-month percentage change in consumer price index components.Independent variables: Month-to-month percentage change in total liquidity (contemporaneous and with lags).

A Durbin-Watson statistic close to 2.0 indicates the absence of serial correlation.

The sum of lag coefficients is an estimate of the long-run multiplier and will approximate to unity as lag length increases.

Note: Dependent variable: Month-to-month percentage change in consumer price index components.Independent variables: Month-to-month percentage change in total liquidity (contemporaneous and with lags).

A Durbin-Watson statistic close to 2.0 indicates the absence of serial correlation.

The sum of lag coefficients is an estimate of the long-run multiplier and will approximate to unity as lag length increases.

    Other Resources Citing This Publication