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From | Muhammad Anees <anees@aneconomist.com> |
To | statalist@hsphsun2.harvard.edu |
Subject | Re: st: IRF interpretation |
Date | Tue, 14 Feb 2012 08:27:22 +0500 |
You can find answers to your questions by searching the )StataList( archives. The point has been already discussed. See http://www.stata.com/statalist/archive/2011-03/msg00864.html On Mon, Feb 13, 2012 at 11:41 PM, Muhammad Akram <aasim548@hotmail.com> wrote: > Dear All, > > I need a bit of help in interpreting IRF table values in %age from the following table. > > > > +--------------------------------------------------------------------------------+ > | | (1) (1) (1) | (2) (2) (2) | > | step | irf Lower Upper | irf Lower Upper | > |--------+-----------------------------------+-----------------------------------| > |0 | 0 0 0 | 0 0 0 | > |1 | -.000251 -.000975 .000473 | -.000099 -.000705 .000508 | > |2 | -.000622 -.001709 .000464 | -.000389 -.001011 .000233 | > |3 | .000123 -.000908 .001155 | .000188 -.000338 .000715 | > |4 | .00085 -.000348 .002047 | .000266 -.000246 .000779 | > |5 | -.000271 -.001281 .00074 | -.000074 -.000628 .000479 | > |6 | -.000504 -.001704 .000697 | -.000064 -.000613 .000485 | > |7 | .000213 -.000852 .001279 | -.000068 -.000592 .000457 | > |8 | .000025 -.001095 .001145 | -.00005 -.00048 .000379 | > +--------------------------------------------------------------------------------+ > 95% lower and upper bounds reported > (1) Impulse = opu, and response = D.lgdp > (2) Impulse = opd, and response = D.lgdp > > > in model oil prices are in US$ and gdp is gdp per capita. So I want to explain from these results how much gdp increases in $s when crude oil price is increased by 10$. I should be greatful for guidance. > > > > Thanks > > aasim > > > > > * > * For searches and help try: > * http://www.stata.com/help.cgi?search > * http://www.stata.com/support/statalist/faq > * http://www.ats.ucla.edu/stat/stata/ -- Best --------------------------- Muhammad Anees Assistant Professor/Programme Coordinator COMSATS Institute of Information Technology Attock 43600, Pakistan http://www.aneconomist.com * * For searches and help try: * http://www.stata.com/help.cgi?search * http://www.stata.com/support/statalist/faq * http://www.ats.ucla.edu/stat/stata/