Indonesia Roots of Characteristic Polynomial Malaysia Filipina Roots of Characteristic Polynomial Thailand Roots of Characteristic Polynomial Kamboja

94 LAMPIRAN 3. UJI STABILITAS VAR a. Brunei Darussalam Roots of Characteristic Polynomial Endogenous variables: BD_Y CA_Y ER_Y Exogenous variables: C Lag specification: 1 1 Date: 061911 Time: 15:13 Root Modulus 0.827731 0.827731 0.783862 0.783862 0.460482 0.460482 No root lies outside the unit circle. VAR satisfies the stability condition.

b. Singapura

Roots of Characteristic Polynomial Endogenous variables: BD_Y CA_Y ER_Y Exogenous variables: C Lag specification: 1 1 Date: 061911 Time: 16:05 Root Modulus 0.921335 0.921335 0.508791 0.508791 0.243447 0.243447 No root lies outside the unit circle. VAR satisfies the stability condition.

c. Indonesia Roots of Characteristic Polynomial

Endogenous variables: BD_Y CA_Y ER_Y Exogenous variables: C Lag specification: 1 1 Date: 061911 Time: 16:35 Root Modulus 0.926932 0.926932 -0.218183 0.218183 0.026774 0.026774 No root lies outside the unit circle. VAR satisfies the stability condition.

d. Malaysia

Roots of Characteristic Polynomial Endogenous variables: BD_Y CA_Y ER_Y Exogenous variables: C Lag specification: 1 2 Date: 061911 Time: 17:06 Root Modulus 0.983027 0.983027 0.844080 0.844080 0.481967 - 0.538905i 0.722987 0.481967 + 0.538905i 0.722987 -0.391302 0.391302 0.157131 0.157131 No root lies outside the unit circle. VAR satisfies the stability condition. 95

e. Filipina Roots of Characteristic Polynomial

Endogenous variables: BD_Y CA_Y ER_Y Exogenous variables: C Lag specification: 1 3 Date: 061911 Time: 17:25 Root Modulus 0.993906 - 0.015444i 0.994026 0.993906 + 0.015444i 0.994026 -0.765256 - 0.054153i 0.767170 -0.765256 + 0.054153i 0.767170 0.617786 - 0.430397i 0.752929 0.617786 + 0.430397i 0.752929 -0.100860 - 0.731581i 0.738501 -0.100860 + 0.731581i 0.738501 0.506831 0.506831 No root lies outside the unit circle. VAR satisfies the stability condition.

f. Thailand Roots of Characteristic Polynomial

Endogenous variables: BD_Y CA_Y ER_Y Exogenous variables: C Lag specification: 1 2 Date: 061911 Time: 18:34 Root Modulus 0.895121 0.895121 0.720580 - 0.271285i 0.769956 0.720580 + 0.271285i 0.769956 0.041789 - 0.456269i 0.458179 0.041789 + 0.456269i 0.458179 -0.208619 0.208619 No root lies outside the unit circle. VAR satisfies the stability condition.

g. Kamboja

Roots of Characteristic Polynomial Endogenous variables: BD_Y CA_Y ER_Y Exogenous variables: C Lag specification: 1 2 Date: 061911 Time: 19:24 Root Modulus 0.998443 0.998443 0.631609 - 0.283331i 0.692247 0.631609 + 0.283331i 0.692247 -0.153049 - 0.439891i 0.465756 -0.153049 + 0.439891i 0.465756 0.195804 0.195804 No root lies outside the unit circle. VAR satisfies the stability condition.

h. Laos