H0: Independents

H0: L(CPIN) does not Cause L(GDPP)

3.377

0.044

Reject

CPIN to GDPP

H0: L(OIL) does not Cause L(GDPP)

5.031

0.011

Reject

OIL to GDPP

H0: L(TOP) does not Cause L(GDPP)

7.302

0.002

Reject

TOP to GDPP

H0: L(OIL) does not Cause L(GDPP)2

4.594

0.016

Reject

OIL to (GDPP)2

H0: L(CPIN) does not Cause L(GDPP)2

3.449

0.042

Reject

CPIN to (GDPP)2

H0: L(TOP) does not Cause L(GDPP)2

7.232

0.002

Reject

TOP to (GDPP)2

H0: L(CPIN) does not Cause L(OIL)

3.550

0.038

Reject

CPIN to OIL

H0: L(FDI) does not Cause L(OIL)

4.129

0.023

Reject

FDI to OIL

H0: L(OIL) does not Cause L(FDI)

2.430

0.101

Reject

OIL to FDI

H0: L(CPIN) does not Cause L(FDI)

8.518

0.001

Reject

CPIN to FDI

N2O

H0: N2O as the dependent

F-Stat.

Prob.

Decision

Direction of causality

H0: L(GDPP) does not Cause L(N2O)

0.818

0.449

Accept

None

H0: L(N2O) does not Cause L(GDPP)

2.449

0.099

Reject

N2O to GDPP

H0: L(GDPP)2 does not Cause L(N2O)

0.773

0.468

Accept

None

H0: L(N2O) does not Cause L(GDPP)2

2.396

0.104

Reject

N2O to (GDPP)2

H0: L(CPIN) does not Cause L(N2O)

5.826

0.006

Reject

CPIN to N2O

H0: L(N2O) does not Cause L(CPIN)

1.323

0.278

Accept

None

H0: L(EUP) does not Cause L(N2O)

0.993

0.380

Accept

None

H0: L(N2O) does not Cause L(EUP)

1.137

0.331

Accept

None

H0: L(OIL) does not Cause L(N2O)

0.953

0.394

Accept

None

H0: L(N2O) does not Cause L(OIL)

2.562

0.090

Reject

N2O to OIL

H0: L(TOP) does not Cause L(N2O)

1.139

0.331

Accept

None

H0: L(N2O) does not Cause L(TOP)

0.093

0.912

Accept

None

H0: L(FDI) does not Cause L(N2O)

0.715

0.495

Accept

None

H0: L(N2O) does not Cause L(FDI)

2.872

0.068

Reject

N2O to FDI

H0: Independents

H0: L(CPIN) does not Cause L(GDPP)

3.377

0.044

Reject

CPIN to GDPP

H0: L(OIL) does not Cause L(GDPP)

5.031

0.011

Reject

OIL to GDPP

H0: L(TOP) does not Cause L(GDPP)

7.302

0.002

Reject

TOP to GDPP

H0: L(OIL) does not Cause L(GDPP)2

4.594

0.016

Reject

OIL to (GDPP)2

H0: L(CPIN) does not Cause L(GDPP)2

3.449

0.042

Reject

CPIN to (GDPP)2

H0: L(TOP) does not Cause L(GDPP)2

7.232

0.002

Reject

TOP to (GDPP)2

H0: L(CPIN) does not Cause L(OIL)

3.550

0.038

Reject

CPIN to OIL

H0: L(FDI) does not Cause L(OIL)

4.129

0.023

Reject

FDI to OIL

H0: L(OIL) does not Cause L(FDI)

2.430

0.101

Reject

OIL to FDI

H0: L(CPIN) does not Cause L(FDI)

8.518

0.001

Reject

CPIN to FDI