Null Hypothesis

Sample

F-Statistic

Prob.

LNP3 does not Granger Cause IP

39

0.04342

0.8361

IP does not Granger Cause LNP3

5.06096

0.0307

LNV3 does not Granger Cause IP

39

1.00872

0.3219

IP does not Granger Cause LNV3

2.19702

0.1470

LNI3 does not Granger Cause IP

39

1.39025

0.2461

IP does not Granger Cause LNI3

0.48477

0.4907

LNP3 does not Granger Cause LNIS

39

1.04790

0.3128

LNIS does not Granger Cause LNP3

4.82705

0.0345

LNV3 does not Granger Cause LNIS

39

0.00204

0.9642

LNIS does not Granger Cause LNV3

0.03554

0.8515

LNI3 does not Granger Cause LNIS

39

4.77249

0.0355

LNIS does not Granger Cause LNI3

3.14858

0.0845

LNP3 does not Granger Cause LNFR

39

2.93434

0.0953

LNFR does not Granger Cause LNP3

1.36644

0.2501

LNV3 does not Granger Cause LNFR

39

0.06931

0.7938

LNFR does not Granger Cause LNV3

0.39366

0.5343

LNI3 does not Granger Cause LNFR

39

3.55165

0.0676

LNFR does not Granger Cause LNI3

0.44603

0.5085

LNP3 does not Granger Cause LNER

36

0.71691

0.5878

LNER does not Granger Cause LNP3

1.06368

0.3936

LNV3 does not Granger Cause LNER

36

0.41995

0.7928

LNER does not Granger Cause LNV3

0.67456

0.6154

LNI3 does not Granger Cause LNER

36

1.45322

0.2439

LNER does not Granger Cause LNI3

2.81226

0.0451

LNP3 does not Granger Cause LNRI

39

0.42426

0.5190

LNRI does not Granger Cause LNP3

3.81207

0.0587

LNV3 does not Granger Cause LNRI

39

0.09309

0.7620

LNRI does not Granger Cause LNV3

0.61591

0.4377

LNI3 does not Granger Cause LNRI

39

3.46456

0.0709

LNRI does not Granger Cause LNI3

1.87970

0.1789

LNP3 does not Granger Cause LNFB

39

1.28216

0.2650

LNFB does not Granger Cause LNP3

0.41066

0.5257

LNV3 does not Granger Cause LNFB

39

0.05918

0.8092

LNFB does not Granger Cause LNV3

0.16288

0.6889

LNI3 does not Granger Cause LNFB

39

0.64484

0.4272

LNFB does not Granger Cause LNI3

1.04278

0.3140

LNP3 does not Granger Cause LNFA

39

7.74667

0.0085

LNFA does not Granger Cause LNP3

0.87153

0.3568

LNV3 does not Granger Cause LNFA

39

1.75918

0.1931

LNFA does not Granger Cause LNV3

0.00063

0.9801

LNI3 does not Granger Cause LNFA

39

0.51091

0.4794

LNFA does not Granger Cause LNI3

0.36107

0.5517

LNP3 does not Granger Cause LNFV

39

0.15940

0.6921

LNFV does not Granger Cause LNP3

11.3723

0.0018

LNV3 does not Granger Cause LNFV

39

1.40200

0.2441

LNFV does not Granger Cause LNV3

0.55653

0.4605

LNI3 does not Granger Cause LNF

39

4.45039

0.0419

LNFV does not Granger Cause LNI3

2.83893

0.1007