Granger Causality Test | ||||||
Opium | Tea | Silk | Silver Inflow | Silver-Copper Ratio | Rice Price | |
Opium | F = 0 (1.000) | F = 1.30 (0.2798 | F = 4.55* (0.0148) | F = 4.08* (0.0221) | F = 0.38 (0.684) | F = 0.13 (0.8768) |
Tea | F = 3.19* (0.0487) | F = 0 (1.000) | F = 2.07 (0.1356) | F = 1.16 (0.3200) | F = 0.44 (0.647) | F = 1.83 (0.1700) |
Silk | F = 3.57* (0.0349) | F = 2.74** (0.0731) | F = 0 (1.000) | F = 3.96* (0.0247) | F = 5.20* (0.0086) | F = 0.77 (0.4686) |
Silver Inflow | F = 1.55 (0.2210) | F = 0.30 (0.7386) | F = 1.43 (0.2475) | F = 0 (1.000) | F = 0.57 (0.2163) | F = 1.57 (0.2173) |
Silver-Copper Ratio | F = 1.01 (0.3711) | F = 0.09 (0.9122) | F = 0.79 (0.4571) | F = 2.95** (0.0620) | F = 0 (1.000) | F = 1.54 (0.2229) |
Rice Price | F = 2.44** (0.0959) | F = 0.52 (0.5958) | F = 8.59* (0.0006) | F = 0.44 (0.6454) | F = 5.35* (0.0074) | F = 0 (1.000) |