New MicroTSP Workfilezw!hS=KXixLB0 pCB+` ~HHI(7,`  IPC-7,` !ITCV>,` @#PNP%>,` %POB-7,` &PSPn7,` >(QPC>,` )RESID>,` j+UTPn7,` -VER.S7,` .WTIn7,` p0YPCn7,`%5SISTCOLUS> `%s<SISTCOMP > `% CSISTCOURNOT> `%&|KSISTGENERALKB `~4Oz<2@TNi?Pr5m?^YU οNR8m?اd.?gǫ?vr/X?-5?CvjL?ri?Ҧ_?n@kJ˿00[ {X?J=>?8?,Ȓ|?ћ~?0C?U0?U8>?r+M?xDD?I/ƙd?"f9G?4:?0"+?͉hsI?7~'f=?zM?e^d?M=?vU?8?&{?mJ{?Y?6BO?9 ?u?V?#%?F?M8?bD?" ?c&p?vSc?2(5\s?l`Հ?N)5?ҺN*?"(C?ߐ ?&||?5;?!}S!?|O\@?(d{X?ȍ?8?00Y@t#X@6duY@dAXiKY@H.Y@{@GY@FAY@+GY@LgDY@sY@%Y@.Y@u&BZ@ pLBZ@62W$Z@U*gBZ@\DZ@Vbm6Z@N+{QZ@v;hAZ@WuLZ@EYcZ@x1+BSZ@h\ZZ@nZ@`FIXZ@`Ԙ4Z@4Z@ Hf.Z@.Z@?2;SZ@,fNZ@j&=ZZ@?|Z@)᪷qZ@Ai^Z@&v}Z@*pSZ@sͧuvZ@a`Z@m+wZZ@FiZ@zxZ@1Z@hZ@fy vZ@,QiZ@!tZ@0033333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SC@33333SH@33333SH@33333SH@33333SH@33333SH@33333SH@33333SH@33333SH@33333SH@33333SH@33333SH@33333SH@33333SH@33333SH@33333SH@00~:@@H}@@1U0*C@@1U0*C@@-ݓ@@U㥛 A@H._A@uA@AaӫA@AaӫA@ݓA@ElB@2B@):?B@):?B@]( B@1w-!$B@UB@j+A@ǘA@z6A@KY8B@=yX5 B@Mё\B@8gDiB@KY8B@;M B@\C-B@,C"B@q= ףA@ψA@ψA@ݓA@S!uB@/$qB@ittB@ittB@ittB@ittB@ʡ5B@ʡ5B@ʡ5B@ʡ5B@ʡ5B@46,B@46,B@!uqA@a=yA@[History] Modified: 1 48 // pnp = psp-its**$00g~T#@@ @@@@{r3@@3*@@@@@@"@@Oɀ~@@tv@@ŀq@@hoA@= ףp A@)F]]tA@ zzA@/y"A@鯷ސ)A@*0A@v[\7A@9x>A@r}EA@oDmLA@%JTA@p9[A@\bA@y|%gA@)o}kA@* ϺpA@suA@ jUzA@rW$A@ª5NA@<LjA@*A@ZoA@eDA@>A@&A@ȵΥA@BA@LzA@k}dA@)6:CA@1CZ$A@KA@wA@$t7A@2A@00XQ@=yX R@2ı.nQ@2ı.nQ@ec R@Dl9R@( 0YR@ԚxR@:#J{R@:#J{R@ec]R@"@%,$!@ba @Ѹ9W<"@0Gڹe!@V @k !@#H @gz#@00cҾ?f_泿@? ) ?}3 %^?r''?51?mv?"2?P?0 8X?=TJ??d~ o4l?|#1o*U?i.~_?F!ETѿ tE\t?LɸpL?yɧrnɝk¿"!x'tٿZuieEVÿ,m"D/([}|CCM;p@俜y+ҿM]eſ]'A8?bo#?"j?Ovy & "f{? Y]?_Zֿ"?`x)EU@oS@qT@00????????????????[History] Modified: 1 48 // ver = d01+d02+d03+d1222.00n"@Q"@A`b%@Gzn$@v/]&@/ݤ'@lq(@K7'@/$%@E&@MbX&@ +%@Mb&@ ףp= '@bX9'@/$)@(@mR'@NbX9%@~j&@K&@ rh%@V-o%@x'@nʡ'@`"'@Q*@xi-@K7*@Zd;ߏ)@t)@m+@&1-@xi/@-@K7A/@rh|/@$+@+w*@L7A`(@"~**@!rh-(@(@v)@jt(@|?5^*@J +V)@x&'@00Y@"7X@V EKY@є.Z@S u[@yx<[@ \@A \@cA*\@.-\@*\@Wu6[@wFR[@gZ@cZ@?[@ WRA[@B1 [@/sgZ@31{Z@Á6Z@κZ@mZ@g衍kZ@3+AZ@kI<\Y@,CKZ@W [@c}27L\@]* \@"\@MaM\@34\@*~I\@{]@;(\@C\@65O\@-D]@w5kB^@cR_@KB_@gF1_@3>_@qJ>_@#W_@X)n_@w܉/_@C(1) C(2) C(3) C(4) C(5) C(6) C(7) C(8) QPC PNP 1 48W̞1@8Ʈ?F\0?I0ѿb4d:K\?% ?͑ ?$3`@j6W#7WzkB@Z?:As2RH?@b%u?,m?36?ײOg?R7?+ gGO围?}Kaw>{o#a 5fNߕ@?hbn?s,?YaJ7Z8WG1>ŎF?! ׿F_q(ZTA? a?~#E?޺8vͅ@E(@HH C5r뚿|L[j?ʓh:֜zE1j̰?Bqdz?jxsZ2?ytΠ"@(ZNj?YE#@`1?9,B?qZ?BA84K.@BA8BA8BA8ƶN?BA8BA8BA8BA8@H@BA8BA8BA8.lt L:A@FU>w MW?~@@@BA8Y4p@BA8BA8BA8XO@BA8BA8BA8BA8@H@BA8BA8BA8Estimation Method: Iterative Three-Stage Least SquaresSample: 1 48 Instruments: C VER YPC ITC WTI POB IPCConvergence achieved after 15 iterations))2 /282V@=26 2.3 V@3>`77M55''5))5qpc=c(1)+c(2)*ver+c(3)*ypc+c(4)*(pnp+itc) pnp=c(5)+c(6)*wti+c(7)*ipc+c(8)*utp-(1/c(4))*qpc inst c ver ypc itc wti pob ipc C(1) C(2) C(3) C(4) C(5) C(6) C(7) C(8) QPC PNP 1 48л2@!?ʺtӳ?)!ʿ ;aK^e?0v?/xQ$[81h?D-TF䍿5?lc`];?`b?Z{UD1 3V ?|3Y?a?AeamXc+d?*p2XM%ކ!BLEom??E-8?C̻8k^ur?HGZ" N+pv?"slB?T;}X'?(8%?Vre}/3@=(f $?Veɿgsy? _lh?f#ZP0s1@Na?zo-/U1?/?;Ľ?N?(L?L:A@b3O?MW?Ыd?BA8uk+@BA8BA8BA87?BA8BA8BA8BA8@H@BA8BA8BA8Estimation Method: Iterative Three-Stage Least SquaresSample: 1 48 Instruments: C VER YPC ITC WTI POB IPCConvergence achieved after 5 iterations))8 99V@ 96 v9.: V@:r >`770<g<''v<((<qpc=c(1)+c(2)*ver+c(3)*ypc+c(4)*(pnp+itc) pnp=c(5)+c(6)*wti+c(7)*ipc+c(8)*utp inst c ver ypc itc wti pob ipc C(1) C(2) C(3) C(4) C(5) C(6) C(7) C(8) QPC PNP 1 48{<2@i?-m?]@P οxNRד8m?d.?pgǫ?$Ȳe?`N-_eQc?%?(`~a0H]ʙ\p?7&Zx?^]wҥ?d3f?) +fo[?n9E[om^UUH1-j=?@kt;YJ:7~r?  BekCLpD],,PyC? @* x,?XK?/ӜL0?Ep'[@-M?wH5GRK\w?}uf/Qr]Q]PY/?n5&DbQ?#=?0*y$(?(h ǀ?YE#@A CV?9,B?>?BA8c5\+@BA8BA8BA8==?BA8BA8BA8BA8@H@BA8BA8BA8Bbr?L:A@0̸e?MW?V?BA8i0E@BA8BA8BA8?BA8BA8BA8BA8@H@BA8BA8BA8Estimation Method: Iterative Three-Stage Least SquaresSample: 1 48 Instruments: C VER YPC ITC WTI POB IPCConvergence achieved after 7 iterations))? ??V@?6 K@.A V@A>`77CcrGJ7IӤ?(%i?lj嵼H=Zۋ,}Se?|OI=Y?QK|m?mY??g4HE@,-ڔbUg%(?uB])?]*HU?GG?%0+ۦ?ko?rL-(A$ԇaDYwH&9O@&n?(HݿCrvر 0 k#Om?IIHN4R,,TxwS?Rʡ}(o?Ylx(?M"x?Y-&=?q\[`? v ?,h?\c?Y?(P%x?YE#@gV\?9,B?^n?BA8BnPO*@BA8BA8BA8ΚJ?BA8BA8BA8BA8@H@BA8BA8BA8;4?L:A@1eJ?MW?(&(^?BA8U,@BA8BA8BA8u?BA8BA8BA8BA8@H@BA8BA8BA8Estimation Method: Iterative Three-Stage Least SquaresSample: 1 48Included observations: 48Total system (balanced) observations 96Instruments: C VER YPC ITC WTI POB IPCConvergence achieved after: 5 weight matricies, 6 total coef iterationsYQPC=C(1)+C(2)*VER+C(3)*YPC+C(4)*(PNP+ITC) PNP=C(5)+C(6)*WTI+C(7)*IPC+C(8)*UTP+C(9)*QPC ..F FF^HF~h@G.H V@H{ KB`77BJ yJJ((J''JHHJ+`Z7K0qpc=c(1)+c(2)*ver+c(3)*ypc+c(4)*(pnp+itc) pnp=c(5)+c(6)*wti+c(7)*ipc+c(8)*utp+c(9)*qpc inst c ver ypc itc wti pob ipc 1 48N0/0nafta lN.O