Pairwise Granger Causality Tests

Date: 28/02/22 Time: 13:57

Sample: 1990 2021

Lags: 2

Null Hypothesis:

Obs

F-Statistic

Prob.

GDP/Capita does not Granger Cause Infl

32

0.09021

0.9138

Infl does not Granger Cause GDP/Capita

0.71253

0.0425

GDP/Capita does not Granger Cause gfcf

32

0.03267

0.9679

gfcf does not Granger Cause GDP/Capita

0.20492

0.8150

GDP/Capita does not Granger Cause Govt

32

0.37524

0.8995

Govt does not Granger Cause GDP/Capita

0.00624

0.9938

GDP/Capita does not Granger Cause Exc.r

32

0.02997

0.9705

Exc.r does not Granger Cause GDP/Capita

0.00045

0.0019

GDP/Capita does not Granger Cause Trade

32

0.37516

0.6880

Trade does not Granger Cause GDP/Capita

0.02505

0.0973

GDP/Capita does not Granger Cause Ms

32

0.00557

0.9944

Ms does not Granger Cause GDP/Capita

0.00226

0.9977

Infl does not Granger Cause gfcf

32

0.51873

0.5349

gfcf does not Granger Cause Infl

0.03218

0.2458

Infl does not Granger Cause Govt

32

0.03201

0.1485

Govt does not Granger Cause Infl

0.01285

0.9995

Infl does not Granger Cause Exc.r

32

0.37516

0.6880

Exc.r does not Granger Cause Infl

0.02505

0.9753

Infl does not Granger Cause Exc.r

32

0.07524

0.1257

Exc.r does not Granger Cause Infl

0.00205

0.7412

Infl does not Granger Cause Trade

32

0.04102

0.9938

Trade does not Granger Cause Infl

0.02038

0.7705

Infl does not Granger Cause Ms

32

0.34106

0.9995

Ms does not Granger Cause Infl

0.04879

0.1280

gfcf does not Granger Cause Govt

32

0.00126

0.8752

Govt does not Granger Cause gfcf

0.03685

0.6521

gfcf does not Granger Cause Exc.r

32

0.03527

0.7125

Exc.r does not Granger Cause gfcf

0.05011

0.8541

gfcf does not Granger Cause Trade

32

0.63250

0.2413

Trade does not Granger Cause gfcf

0.10232

0.3541

gfcf does not Granger Cause Ms

32

0.63251

0.7432

Ms does not Granger Cause gfcf

0.03210

0.3258

Govt does not Granger Cause Exc.r

32

0.00350

0.4123

Exc.r does not Granger Cause Govt

0.02320

0.3896

Govt does not Granger Cause Trade

32

0.03205

0.7474

Trade does not Granger Cause Govt

0.03652

0.3592

Govt does not Granger Cause Ms

32

0.06320

0.2987

Ms does not Granger Cause Govt

0.69832

0.1875

Exc.r does not Granger Trade

32

0.41035

0.7410

Trade does not Granger Cause Exc.r

0.06320

0.5369

Exc.r does not Granger Ms

32

0.02045

0.7459

Ms does not Granger Cause Exc.r

0.03210

0.2589

Trade does not Granger Ms

32

0.00158

0.6523

Ms does not Granger Cause Trade

0.15892

0.1963