Figure 2. Accumulated impulse-response functions in commodity-type model
Period Services for ID Unprocessed goods for ID Processed goods for ID Final demand
Response Plus 2 SD Minus 2 SD Response Plus 2 SD Minus 2 SD Response Plus 2 SD Minus 2 SD Response Plus 2 SD Minus 2 SD

Accumulated response of services for ID

 

1

0.002604 0.003079 0.002129 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000

2

.002263 .003078 .001448 .000517 .001235 -.000202 .000372 .000967 -.000294 -.000169 .000497 -.000835

3

.002306 .003031 .001581 .000754 .001616 -.000108 .000442 .001149 -.000028 -.000169 .000302 -.000639

4

.002292 .003056 .001529 .000852 .001811 -.000106 .000471 .001243 -.000062 -.000203 .000330 -.000736

5

.002295 .003062 .001528 .000881 .001888 -.000125 .000479 .001277 -.000052 -.000207 .000323 -.000738

6

.002294 .003065 .001524 .000892 .001921 -.000136 .000482 .001293 -.000055 -.000210 .000327 -.000747

7

.002295 .003066 .001523 .000895 .001933 -.000143 .000483 .001299 -.000055 -.000211 .000327 -.000749

8

.002295 .003066 .001523 .000897 .001938 -.000145 .000483 .001302 -.000055 -.000211 .000327 -.000750

9

.002295 .003066 .001523 .000897 .001940 -.000146 .000484 .001302 -.000055 -.000211 .000327 -.000750

10

.002295 .003067 .001523 .000897 .001941 -.000147 .000484 .001303 -.000055 -.000211 .000327 -.000750

11

.002295 .003067 .001523 .000897 .001941 -.000147 .000484 .001303 -.000055 -.000211 .000327 -.000750

12

.002295 .003067 .001523 .000897 .001941 -.000147 .000484 .001303 -.000055 -.000211 .000327 -.000750

Accumulated response of unprocessed goods for ID

 

1

.001467 .007704 -.004770 .024133 .028539 .019727 .000000 .000000 .000000 .000000 .000000 .000000

2

.000656 .010524 -.009212 .029095 .037568 .020623 .000341 .005890 -.005866 -.003535 .002672 -.009741

3

.001065 .011431 -.009300 .029596 .040723 .018469 .000450 .008711 -.005740 -.003327 .002863 -.009517

4

.000970 .011429 -.009488 .029872 .042316 .017428 .000538 .009758 -.005784 -.003472 .002851 -.009794

5

.000991 .011498 -.009515 .029940 .042997 .016883 .000557 .010131 -.005862 -.003467 .002951 -.009886

6

.000986 .011506 -.009534 .029969 .043272 .016667 .000566 .010271 -.005884 -.003479 .002971 -.009929

7

.000987 .011513 -.009539 .029978 .043375 .016581 .000568 .010323 -.005897 -.003480 .002985 -.009944

8

.000987 .011514 -.009541 .029981 .043413 .016549 .000569 .010342 -.005900 -.003481 .002988 -.009950

9

.000987 .011515 -.009541 .029982 .043427 .016537 .000569 .010349 -.005902 -.003481 .002990 -.009952

10

.000987 .011515 -.009541 .029982 .043432 .016532 .000569 .010352 -.005902 -.003481 .002990 -.009952

11

.000987 .011515 -.009541 .029982 .043434 .016531 .000569 .010352 -.005902 -.003481 .002991 -.009953

12

.000987 .011515 -.009541 .029982 .043435 .016530 .000569 .010353 -.005902 -.003481 .002991 -.009953

Accumulated response of processed goods for ID

 

1

-.000032 .001578 -.001642 .004166 .005585 .002748 .004638 .005485 .004638 .000000 .000000 .000000

2

-.000250 .002786 -.003285 .007833 .010542 .005123 .006050 .007847 .004456 -.000454 .001140 -.002048

3

-.000294 .003502 -.004089 .009307 .013221 .005393 .006476 .009381 .004285 -.000811 .001381 -.003002

4

-.000292 .003789 -.004372 .009795 .014504 .005086 .006615 .010184 .004182 -.000919 .001514 -.003353

5

-.000295 .003879 -.004468 .009960 .015114 .004806 .006663 .010542 .004140 -.000959 .001565 -.003482

6

-.000295 .003910 -.004500 .010015 .015384 .004647 .006679 .010691 .004116 -.000971 .001592 -.003534

7

-.000295 .003921 -.004511 .010034 .015497 .004571 .006684 .010750 .004106 -.000975 .001603 -.003554

8

-.000295 .003924 -.004514 .010040 .015542 .004539 .006686 .010773 .004102 -.000977 .001608 -.003561

9

-.000295 .003925 -.004516 .010043 .015560 .004525 .006687 .010782 .004100 -.000977 .001609 -.003564

10

-.000295 .003926 -.004516 .010043 .015566 .004520 .006687 .010785 .004099 -.000977 .001610 -.003565

11

-.000295 .003926 -.004516 .010044 .015569 .004518 .006687 .010786 .004099 -.000978 .001610 -.003565

12

-.000295 .003926 -.004516 .010044 .015570 .004517 .006687 .010787 .004099 -.000978 .001611 -.003566

Accumulated response of final demand

 

1

.000671 .001184 .000157 .001082 .001540 .000624 .001050 .001417 .000829 .001209 .001430 .000989

2

.000379 .001275 -.000517 .002248 .003053 .001442 .001435 .002001 .000895 .000751 .001291 .000211

3

.000435 .001484 -.000615 .002587 .003687 .001487 .001528 .002354 .000898 .000726 .001355 .000097

4

.000419 .001532 -.000693 .002717 .004013 .001421 .001566 .002552 .000890 .000683 .001359 .000007

5

.000422 .001557 -.000713 .002757 .004163 .001351 .001577 .002639 .000879 .000677 .001375 -.000022

6

.000422 .001564 -.000721 .002772 .004230 .001313 .001581 .002675 .000874 .000673 .001380 -.000034

7

.000422 .001566 -.000723 .002776 .004258 .001294 .001583 .002689 .000872 .000672 .001383 -.000039

8

.000422 .001567 -.000724 .002778 .004269 .001287 .001583 .002695 .000871 .000671 .001384 -.000041

9

.000422 .001567 -.000724 .002778 .004273 .001283 .001583 .002697 .000870 .000671 .001384 -.000041

10

.000422 .001568 -.000724 .002778 .004275 .001282 .001583 .002698 .000870 .000671 .001384 -.000042

11

.000422 .001568 -.000724 .002778 .004275 .001282 .001583 .002698 .000870 .000671 .001384 -.000042

12

.000422 .001568 -.000724 .002778 .004276 .001281 .001583 .002698 .000870 .000671 .001384 -.000042

Note: ID = Intermediate demand; SD = Standard deviation.

Source: Author's calculations based on data from the U.S. Bureau of Labor Statistics.