Pairwise Granger Causality Tests

Date: 07/30/19 Time: 01:16

Sample: 1999 2018

Lags: 2

Null Hypothesis:

Obs

F-Statistic

Prob.

GROSS_CAP does not Granger Cause GDP

18

0.98694

0.3990

GDP does not Granger Cause GROSS_CAP

6.14466

0.0132

TRADE_BAL does not Granger Cause GDP

18

0.89751

0.4314

GDP does not Granger Cause TRADE_BAL

9.45834

0.0029

TRANSP_SERVICES does not Granger Cause GDP

18

1.52629

0.2539

GDP does not Granger Cause TRANSP_SERVICES

15.7303

0.0003

TRADE_BAL does not Granger Cause GROSS_CAP

18

1.17526

0.3395

GROSS_CAP does not Granger Cause TRADE_BAL

14.9492

0.0004

TRANSP_SERVICES does not Granger Cause GROSS_CAP

18

5.05880

0.0237

GROSS_CAP does not Granger Cause TRANSP_SERVICES

1.40189

0.2810

TRANSP_SERVICES does not Granger Cause TRADE_BAL

18

16.5274

0.0003

TRADE_BAL does not Granger Cause TRANSP_SERVICES

2.65744

0.1077