Journal of Energy / 2015 / Article / Tab 9 / Research Article
The Links between Energy Consumption, Financial Development, and Economic Growth in Lebanon: Evidence from Cointegration with Unknown Structural Breaks Table 9 Variance decomposition method (VDM).
Horizon Variance decomposition of Variance decomposition of Variance decomposition of 1 100.0000 0.0000 0.0000 2.0421 97.9578 0.0000 5.1366 1.4692 93.394 5 83.1278 14.6550 2.2170 4.0701 95.7476 0.1821 11.9018 11.2447 76.8533 10 77.8984 14.5835 7.5180 14.1938 81.9566 3.8495 17.8004 23.7391 58.4604 15 74.4234 16.3723 9.2042 18.5622 72.7660 8.6716 20.3784 30.3791 49.2424 20 71.7926 18.1021 10.1052 20.9817 66.9868 12.0313 21.6981 34.7860 43.5157 25 69.3898 19.8089 10.8012 22.4392 63.3360 14.2246 22.6609 37.7032 39.6358 26 68.9305 20.1451 10.9243 22.6571 62.7784 14.5644 22.8160 38.1738 39.0101 27 68.4776 20.4773 11.0450 22.8580 62.2635 14.8784 22.9631 38.6143 38.4224 28 68.0320 20.8044 11.1634 23.0436 61.7872 15.1691 23.1020 39.0285 37.8693 29 67.5941 21.1265 11.2793 23.2154 61.3459 15.4386 23.2326 39.4193 37.3480 30 67.1634 21.4439 11.3926 23.3747 60.9362 15.6890 23.3553 39.7885 36.8561