Null Hypothesis

Obs.

F-statistics

Probability

PENFUND does not Granger Cause ASI2GDP

26

2.47487

0.0084

ASI2GDP does not Granger Cause PENFUND

26

0.66823

0.0032

PENINVEST does not Granger Cause ASI2GDP

26

4.14172

0.0005

ASI2GDP does not Granger Cause PENINVEST

26

0.07323

0.0096