An Empirical Study on the Relationship between Education and Economic Development Based on PVAR Model

Table 4

Variance decomposition of the PVAR model.

Area	Variable	Number of shock periods	eco	edu
Whole country	eco	10	0.579	0.006
	edu	10	0.56	0.058
	eco	20	0.59	0.008
	edu	20	0.541	0.07
East	eco	10	0.858	0.001
	edu	10	0.858	0.001
	eco	20	0.829	0.004
	edu	20	0.829	0.004
Central	eco	10	0.719	0.286
	edu	10	0.719	0.286
	eco	20	0.719	0.286
	edu	20	0.719	0.286
West	eco	10	0.668	0.002
	edu	10	0.415	0.419
	eco	20	0.658	0.002
	edu	20	0.623	0.08