New MicroTSP Workfile@!YA!8ވވވ4R߈\vD $ 6 A2003bzC,` 6  A2004bzC,` pN C[vD+` 6 "EMAEbzC,` 6  $EMIbzC,` 6 @%EXPORTJvD,` 6 v&IMPORTbzC,` 6 'INVbzC,` 6 (PINS1bzC,` 6 *PINS2bzC,` 6 N+PMERCbzC,` 6 ,PPRODJvD,` 6 -RESID zC,` 6 .TENDbzC,` 6 &0VERbzC,` 6 \1VTASJvD,`%7SISTCOLUSIONUvD `%V@SISTCOMPEbQvD `%HSISTCOURNOTYvD `%QSISTGRAL[vD `%,XSISTLIDERC `0L\TESCOURNOT\vD`0_TESTCOLU\vD`0bTESTCOMPcC`pf$$????????????$$????????????m)[Z>2JArwBMA $p7?3HՄ?L*TʬV?!G-?9P O??DT9T?$$LU@d.V@B&X@jnY@bMZ@mVwY@䗣Y@%Ű3X@EX@X@Q[myY@rY@,V@~DjW@3U8Z@a4o[@E4\@O[@i09\@f[[@+F[@{a[@?LtJ=\@>\@X>W/:Y@)Y@UK]@ ;R_]@2^@#8^@[,N^@'-]@V:^@\_W^@p}F_@M^2_@$$33333sQ@fffffQ@Q@S@fffffS@33333SS@T@T@T@YU@`U@T@T@33333S@V@V@ffffffV@ffffffV@33333W@X@33333W@ Y@lX@yW@fffff&W@V@33333Y@W@fffffX@Y@9Z@̌Z@yZ@Z@33333sZ@Y@$$[HA<8SAPAeaA@,bAJx\AF`AYAxVA_AF_A[A|^A`AcZARWANXABATAA\AjYAbA"UAXAKWAYA PcA0bA`'bA5bA]A:]AYAϚ]A@tQA؅ZA$$Qh`AQ VAp=ʇJAIAz@A\U7CAQ?AA9>ACAVAWIA033UA^A^AQA^AQAwPAVA4[AVA`QrWA,a:UA>ZAnbAaARAώJA#@A6AJAsUAZAjA [AOVA$$????????????$$C]=?C]=?)ų>`?HJG?HJG?6{^E ?h6?j|?j|??r'?fTgU?7?xp:?UY?UY?*D6??Ί?Rr?Ў K?0*?b?M݀?I"?._?dt»D?0XV z?]V?(W/?wœA?:w?꤄?ч?%EC?}?$$8V?8V?nL?"HJ?"HJ? ?T7?T7?T7? ? ?z$d?Mߌw?0*?Z&?4ْ?GFAu?PE)?>z*?0?#}b?6{^E ?0?.D?)SH? 4?M0?wW?MQ?>?>?8?@8?S]v?V 8 ?S9?$$b?ttTZ?j(Ӯ?BOF?ٛ?bI?*'`?H?תE?lx?r N[?j?_sT:?; ?qh?? RrA?=%װ?kҔ?ag?J/+?kH?nPb? ?S??iC?|]h?J?x?$$q8 *?n?TM ?d߫?'s'?=`bP?"1S?RͲ?z6?j?c=t?9Ii%???d0?lۖ?@ƀ?4?^_K?6 [t? $#o??a+?2*|k?-yp#}? yr?d 0k?s7?ZDS?, ?:'?ŕ?ZLC?;|? ?.n!??5D?$$BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8BA8$$?@@@@@@ @"@$@&@(@*@,@.@0@1@2@3@4@5@6@7@8@9@:@;@<@=@>@?@@@@@A@A@B@$$????????????$${UA'YAJZA8RA#JANQA\TAYA^A[\A]_A@q]ARZAoXASWAgMAFAONAWAXAOXAKZA ]AѽcA[A `A@VAYATATQAAYRA/\[AdAYA|\A-[AC(1) C(2) C(3) C(4) C(5) C(6) C(7) C(8) VTAS+IMPORT PPROD 1 363ȃ9NA$κGy?فGA+P)A#܅2yE-T8?|KxU/?iA#cwm$0j"B3݅ eBrg2r@^Sp +POwYQ5`-A_;p~z?qEڽsB33]BFE®{B$^g4$G\ΆWV˷פ|tB=YBK7Nw ;e.d@šO?LHqARV]Sd=&pu*Xn@(%6?TKB,e AX3ꬽS,ފ‚#?>>mjHu)zi q6(?y5>sW!<ǵ1_BәcK]?(NF4l?RfAJ?B#(KAôeHABA8i/oBBA8BA8BA8=;Q?BA8BA8BA8BA8@A@BA8BA8BA8~SS?F#?Xl|?򽉘u?z@3ĕd?BA81:FE?BA8BA8BA8~O?BA8BA8BA8BA8@A@BA8BA8BA8Estimation Method: Iterative Three-Stage Least SquaresSample: 2 36Included observations: 35Total system (balanced) observations 70Instruments: A2003 A2004 VER INV EMI(-1) PINS1(-1) CSimultaneous weighting matrix & coefficient iterationConvergence achieved after: 7 weight matricies, 8 total coef iterationsVTAS+IMPORT = C(1) +C(2)*INV +C(3)*VER +C(4)*EMI(-1) +C(5)*PMERC(-1) PPROD = C(6) +C(7)*PINS1(-1) +C(8)*(VTAS+EXPORT) -(1/C(5))*(VTAS+IMPORT) ))222V@26 *3.`4 V@4UvDF775 6(6((B655j6666HH6+7#vtas+import = c(1) +c(2)*inv +c(3)*ver +c(4)*emi(-1) +c(5)*pmerc(-1) pprod = c(6) +c(7)*pins1(-1) +c(8)*(vtas+export) -(1/c(5))*(vtas+import) inst a2003 a2004 ver inv emi(-1) pins1(-1) C(1) C(2) C(3) C(4) C(5) C(6) C(7) C(8) VTAS+IMPORT PPROD 1 36P,ܢ3M1EEAR[A?h0Dp ?? ?ȶY=$*Zc*BG9zc.k¯ G/Fj².EJA“\BoŞ슏kB=T?TB!sԝ^{Be_1)@pA)m@/xV+&=jBg B3 _jbIhw/T8M?+x sA>?P2b ge@h;B4Fr%?=5 B~@nƞhޟAA,4m?GR/v bJj?BTvaB<ZBpLj0@ֲ)qs?('Ө?RfA ?B#(KA3C *EABA8b9>BBA8BA8BA8X~?BA8BA8BA8BA8@A@BA8BA8BA89x?F#?ǒ?򽉘u?[ir?BA8D?BA8BA8BA8{^?BA8BA8BA8BA8@A@BA8BA8BA8Estimation Method: Iterative Three-Stage Least SquaresSample: 2 36Included observations: 35Total system (balanced) observations 70Instruments: A2003 A2004 VER INV EMI(-1) PINS1(-1) CConvergence achieved after: 6 weight matricies, 7 total coef iterationsxVTAS+IMPORT = C(1) +C(2)*INV +C(3)*VER +C(4)*EMI(-1) +C(5)*PMERC(-1) PPROD = C(6) +C(7)*PINS1(-1) +C(8)*(VTAS+EXPORT) ))3;\;p;V@u;6 ;.= V@/=bQvDF77> >>((>55 ?HH@?+y?#vtas+import = c(1) +c(2)*inv +c(3)*ver +c(4)*emi(-1) +c(5)*pmerc(-1) pprod = c(6) +c(7)*pins1(-1) +c(8)*(vtas+export) inst a2003 a2004 ver inv emi(-1) pins1(-1) C(1) C(2) C(3) C(4) C(5) C(6) C(7) C(8) VTAS+IMPORT PPROD 1 36@A/ֵFs;mVIA! 6<A!\u};? H!?]Z[db$c6ٝ!Bٰfm7A0r¸^T.2JArwBMA $p7?3HՄ?L*TʬV? -BxZl¹IqׄB/vyfEڊv@=C{A78@pB<\BgxknA61~B ~@ìBZ1w@aN ;@`_e0Q||dpBF tBk4VZ‰-u@tGN<4&k=@Ne%A/S"JҼ=F_d%N.eB>RP@?`=B!YM;`@NʆކTHB?*B;w*5pMy?|b?Vmr=Y6#o _<ͼ_ sLs3iA@9gAjA*iAC   fAjA oApAC(15)=1? gAjAc3 3h30j3`l3 3p3r3 CIjG@ ̰C(15)=0DT>IC<8U>띛T>)>c DY> Z>Dz[>\o ]>vkBc>oTq [>08UY>F R>lK>" K>;07V>ߒ W>]2[>kD (Z>:3@Ցc_>$^>co،=~[> (}S\?q› W>9?\>fZv ]>[/nZ>-`9 [>B_> 1 36f$#$ ejpet2 ` fif