Table 4 Granger causality test X Z X → Z... | Emerald Publishing

Table 4

Granger causality test

X	Z	X → Z (p-value)	Z → X (p-value)
ICLN	EPU	0.0432	0.7217
BGRN	EPU	0.6438	0.2054
Energy	EPU	0.3802	0.6778
ICLN	EFFR	0.3876	0.3531
BGRN	EFFR	0.0002	0.3223
Energy	EFFR	0.0021	0.0684

Source(s): Computed by the authors