Null Hypothesis | Observations | F-statistic | Probability |
TSI does not Granger cause GMST | 137 | 0.64 | 0.53 |
GMST does not Granger cause TSI | 137 | 3.75 | 0.03 |
GCE does not Granger cause GMST | 139 | 12.98 | 7.E−06 |
GMST does not Granger cause GCE | 139 | 0.22 | 0.80 |
GHP does not Granger cause GMST | 139 | 18.56 | 8.E−08 |
GMST does not Granger cause GHP | 139 | 0.45 | 0.64 |