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Table 8 Results from the TVAR model in Australian beef price

From: Impacts of corn price and imported beef price on domestic beef price in South Korea

  Regime Intercept DAUSP (-1) DCORNP (-1) DKORP (-1)
DAUSP (11.40%) 1 −157.462   −0.840   3.172   0.030  
2 10.883   −0.053   −0.001   1.489  
3 33.261   −0.163   −1.797   −0.019  
DCORNP (69.30%) 1 −14.893   −0.036   0.090   −0.001  
2 0.183   −0.001   0.183 *** −0.003 *
3 −5.032   0.019   0.152   −0.001  
DKORP (19.30%) 1 1992.633 *** 5.037 *** −39.993 *** −0.599 ***
2 130.931   1.489 *** 1.426   −0.297 ***
3 −335.071   0.067   22.135 *** −0.397 *
  1. Threshold value: −278.15 and 198.29. Percentage of observations in each regime: 11.4, 69.3, and 19.3%. Note: (-1) indicates first lag
  2. Significant level: ***1% and *10%