Null hypothesis | F Statistics | |||||
Short term | Medium term | Long-term | ||||
Lag2 | Lag3 | Lag5 | Lag6 | Lag11 | Lag12 | |
DEBT does not Granger Cause GDP | 0.78715 (0.4559) | 0.33865 (0.7974) | 1.82185 (0.1106) | 1.04341 (0.4006) | 0.0000 (0.0000) | 0.0000 (0.0000) |
GDP does not Granger Cause DEBT | 3.62534 (0.0276) | 4.37247 (0.0050) | 13.2832 (5.E-11) | 14.2219 (3.E-12) | 0.0000 (0.0000) | 0.0000 (0.0000) |