Table 3 \(\Phi\)-statistics (1987Q1–1990Q2, 1990Q3–1992Q4, 1993Q1–1996Q4)
From: A neoclassical perspective on Switzerland’s 1990s stagnation
\({\varvec{\Phi}} ^{\varvec{q}}_{{\varvec{A}}}\) | \({\varvec{\Phi }}^{\varvec{q}}_{{\varvec{L}}}\) | \({\varvec{\Phi }}^{\varvec{q}}_{{\varvec{X}}}\) | \({\varvec{\Phi }}^{\varvec{q}}_{{\varvec{G}}}\) | |
|---|---|---|---|---|
Output | ||||
1987Q1–1990Q2 | 0.99 | 0.00 | 0.00 | 0.00 |
1990Q3–1992Q4 | 0.77 | 0.08 | 0.11 | 0.04 |
1993Q1–1996Q4 | 0.06 | 0.61 | 0.29 | 0.03 |
Investment | ||||
1987Q1–1990Q2 | 0.54 | 0.11 | 0.25 | 0.10 |
1990Q3–1992Q4 | 0.56 | 0.06 | 0.33 | 0.05 |
1993Q1–1996Q4 | 0.04 | 0.24 | 0.69 | 0.03 |
Total hours | ||||
1987Q1–1990Q2 | 0.66 | 0.05 | 0.18 | 0.10 |
1990Q3–1992Q4 | 0.41 | 0.17 | 0.37 | 0.06 |
1993Q1–1996Q4 | 0.06 | 0.80 | 0.10 | 0.04 |