Publications   Empirical StudiesKYN - SLAMA: MACROECONOMIC CONSUMPTION FUNCTION FOR CZECHOSLOVAKIA

Table 9.

The 'Planers' Consumption Function'

with Polynomially distributed Lag

(8 - 9 years)

(Eq. 26)

No.
____

zero

restr.

Lag

length

____

degree

a0

b0

b1

b2

b3

b4

b5

b6

b7

b8

Sum

of

lag

coef.

Mean

lag

auto

regr.

coef

R2

DW

SER

F

24

8

10.944

.304

.134

.025

-.032

-.041

-.012

.050

.138

 

.565

1.995

.305

.995 1.442.77474.62

no

4

(2.669)

(.073)

(.032)

(.049)

(.031)

(.032)

(.050)

(.032)

(.080)

 

(.020)

(.552)

(.224)

25

8

10.272

.339

.120

-.003

-.044

.026

.024

.072

.079

 

.561

1.740

.274

.9941.47

2.75

605.32

yes

4

(2.594)

(.000)

(.059)

(.051)

(.028)

(.041)

(.037)

(.023)

(.051)

 

(.017)

(.513)

(.227)

26

8

10.143

.352

.110

-.011

-.041

-.016

.029

.070

.071

 

.561

1.896

.274

.9941.472.66863.03

yes

3

(2.394)

(.045)

(.016)

(.027)

(.026)

(.017)

(.014)

(.020)

(.019)

 

(.015)

(.411)

(.227)

27

9

11.640

.289

.120

.026  

-.025

.033 

-.018

.030      

072

.095

.571

2.383

.286

.9941.432.77415.80

no

4

(3.054)

(.059)

(.017)

(.034)

(.031)

(.020)

(.031)

(.040)

(.023)

(.075)

(.018)

(.642)

(.234)

28

9

11.020

.317

.118

.008

-.034

-.020

.006

.046

.072

.063

.560

2.173

.243

.994

1.482.67659.54

yes

4

(2.684)

(.040)

(.014)

(.021)

(.024)

(.010)

(.012)

(.014)

(.010)

(.016)

(.010)

(.460)

(.235)

29

9

12.484

.249

.136

 .051

-.005

.032

-.030

.000

.019

.147

.175

2.668

.267

.0941.312.73535.13

no

3

(2.019)

(.030)

(.014)

(.012)

(.017)

(.020)

(.017)

(.012)

(.017)

(.035)

(.017)

(.516)

(.234)

30

9

11.029

.317

.110

.000

.034

-.020

.006

.046

.072

.063

.508

2.173

.228

.9941.482.57803.44

yes

3

(2.567)

(.030)

(.013)

(.020)

(.023)

(.010)

(.012)

(.014)

(.010)

(.015)

(.016)

(.451)

(.236)

 

 

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