Table A4.

Structural stability tests for extra-EU GVECM: Critical values.

Critical Values	$p_{it}^{ex*}$	$Pr{o}_{it}^{*}$	$HICP{F}_{it}^{*}$	$p_{it}^{f*}$	$p_{it}^{co}$
PKsup
UK	1.002966	0.951037	1.009028	0.953285	1.00214
Ireland	0.978034	0.733827	1.029252	0.904821
Netherlands	1.084848	0.890726	1.031816	0.966088
Italy	1.05471	0.934134	0.959599	1.116367
Germany	0.942283	0.988631	0.93383	0.745155
France	0.944595	0.593392	0.860866	1.057197
Rest of EU	0.80429	1.004234	0.952274	0.743777
PKmsq
UK	0.261357	0.251381	0.244638	0.229542	0.271005
Ireland	0.248853	0.118944	0.283955	0.224651
Netherlands	0.305206	0.209448	0.308843	0.227954
Italy	0.269976	0.199697	0.245641	0.340598
Germany	0.256489	0.27992	0.242966	0.139537
France	0.213078	0.072333	0.217016	0.274276
Rest of EU	0.183509	0.237285	0.230599	0.154522