Null Hypothesis

F-statistic

Prob.

Conclusion

TR does not Granger Cause TH

9.41051

0.0035**

Reject Null Hypothesis

TH does not Granger Cause TR

1.97772

0.1810

Accept Null Hypothesis

TS does not Granger Cause TH

6.10444

0.0148**

Reject Null Hypothesis

TH does not Granger Cause TS

0.35355

0.7093

Accept Null Hypothesis