Null Hypothesis (H0) | F-Statistic | p-value |
lnIndex “do not Granger causes” lnYTB | 0.9448 | 0.3896 |
lnYTB “do not Granger causes” lnIndex | 1.5980 | 0.2036 |
lnIndex “do not Granger causes” lnYLGB | 0.6393 | 0.5282 |
lnYLGB “do not Granger causes” lnIndex | 0.7637 | 0.4666 |
lnIndex “do not Granger causes” ln IIP | 5.8643 | 0.0031 |
ln IIP “do not Granger causes” lnIndex | 1.7701 | 0.1717 |
lnIndex “do not Granger causes” lnWPI | 1.4914 | 0.2263 |
ln WPI “do not Granger causes” lnIndex | 0.9979 | 0.3696 |
lnIndex “do not Granger causes” lnM3 | 0.7399 | 0.4778 |
ln M3 “do not Granger causes” lnIndex | 0.1510 | 0.9850 |
lnIndex “do not Granger causes” ln EX | 1.2371 | 0.2913 |
ln EX “do not Granger causes” lnIndex | 0.3013 | 0.7400 |
lnIndex “do not Granger causes” All Variables | 2.4241 | 0.0041 |
All Variables “do not Granger cause” lnIndex | 1.6338 | 0.0764 |