Table 7: Variance decomposition of exports.

PeriodEXPGFDIGEXRGFCGPDEN

1 100.00 0.000 0.000 0.000 0.000
2 67.00 32.67 0.316 0.000 0.000
3 61.36 37.77 0.279 0.516 0.060
4 52.61 44.85 0.718 1.651 0.156
5 47.50 48.65 1.162 2.316 0.361
6 43.96 51.14 1.471 2.772 0.647
7 42.37 51.98 1.569 3.069 0.997
8 42.04 51.81 1.537 3.245 1.360
9 42.627 50.91 1.441 3.317 1.696
10 43.73 49.63 1.336 3.315 1.969