Pairwise Granger causality tests to evaluate the causal relationship between the IBTDR and CBTDR
| Null hypothesis: | Obs | F-statistic | Prob. |
|---|---|---|---|
| IBTDR does not Granger cause CBTDR | 43 | 1.51118 | 0.2140 |
| CBTDR does not Granger cause IBTDR | 3.09083 | 0.0218* | |
| Null hypothesis: | Obs | F-statistic | Prob. |
|---|---|---|---|
| IBTDR does not Granger cause CBTDR | 43 | 1.51118 | 0.2140 |
| CBTDR does not Granger cause IBTDR | 3.09083 | 0.0218* | |
Notes:
“*”Significant at 5% level of significance; lag length is 5
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