Null Hypothesis

obs

F-Statistic

Prob.

SYL does not Granger Cause SHL

30

6.854

0.001

SHL does not Granger Cause SYL

0.408

0.801

FH does not Granger Cause SHL

30

2.072

0.121

SHL does not Granger Cause FH

3.636

0.021

GM does not Granger Cause SHL

30

2.519

0.072

SHL does not Granger Cause GM

2.881

0.048

RM does not Granger Cause SHL

30

12.468

0.000

SHL does not Granger Cause RM

0.720

0.588