Table 6 Variance decomposition of LNBTC_SA
From: Analysis on the influence factors of Bitcoin’s price based on VEC model
Period | LNBTC_SA | LNCPI_SA | LNDJIA_SA | LNFFR_SA | LNGP_SA | LNUSDI_SA |
|---|---|---|---|---|---|---|
1 | 100 | 0 | 0 | 0 | 0 | 0 |
2 | 88.72089 | 1.051567 | 1.185032 | 0.016556 | 1.888619 | 7.137339 |
3 | 82.06558 | 1.770305 | 4.011034 | 0.760684 | 1.931351 | 9.461043 |
4 | 68.84896 | 2.067678 | 6.367946 | 2.701567 | 3.022276 | 16.99157 |
5 | 58.68237 | 1.77231 | 8.255509 | 4.783119 | 3.215946 | 23.29074 |
10 | 48.59186 | 0.60007 | 11.54285 | 8.228022 | 1.726649 | 29.31056 |
20 | 44.88855 | 0.284278 | 12.25335 | 9.979117 | 0.732513 | 31.86219 |
30 | 42.71013 | 0.476629 | 14.08435 | 10.04215 | 0.413245 | 32.2735 |
40 | 40.51459 | 0.773933 | 15.87015 | 10.32418 | 0.279782 | 32.23737 |
50 | 39.17296 | 1.035887 | 16.82198 | 10.54707 | 0.247408 | 32.1747 |