Whole Sample

Sample excluding GCC

Null Hypothesis

F-Statistic

Prob.

F-Statistic

Prob.

LGDPPC does not Granger Cause ENTRE

5.93

0.01

5.51

0.02

ENTRE does not Granger Cause LGDPPC

0.3

0.58

3.4

0.06

Observations

216

171