Table 4 Summary of the confirmed... | Emerald Publishing

Table 4

Summary of the confirmed hypotheses on short-run Granger-causality results

	Banking profitability and output growth	Banking profitability and banking security	Banking stability and output growth
GRW, ZSC, BPI
ROE	SLH^A	SLH^B	NEH^C
ROA	NEH^A	DHF^B	DFH^C
NIM	NEH^A	DFH^B	NEH^C
Profit	NEH^A	SLH^B	DFH^C
GRW, CRE, BPI
ROE	SLH^A	SLH^B	NEH^C
ROA	SLH^A	NEH^B	NEH^C
NIM	SLH^A	SLH^B	NEH^C
Profit	SLH^A	NEH^B	DFH^C
GRW, LIQ, BPI
ROE	SLH^A	NEH^B	SLH^C
ROA	SLH^A	NEH^B	SLH^C
NIM	SLH^A	NEH^B	NEH^C
Profit	SLH^A	NEH^B	SLH^C

	Banking profitability and output growth	Banking profitability and banking security	Banking stability and output growth
GRW, ZSC, BPI
ROE	SLH^A	SLH^B	NEH^C
ROA	NEH^A	DHF^B	DFH^C
NIM	NEH^A	DFH^B	NEH^C
Profit	NEH^A	SLH^B	DFH^C
GRW, CRE, BPI
ROE	SLH^A	SLH^B	NEH^C
ROA	SLH^A	NEH^B	NEH^C
NIM	SLH^A	SLH^B	NEH^C
Profit	SLH^A	NEH^B	DFH^C
GRW, LIQ, BPI
ROE	SLH^A	NEH^B	SLH^C
ROA	SLH^A	NEH^B	SLH^C
NIM	SLH^A	NEH^B	NEH^C
Profit	SLH^A	NEH^B	SLH^C

Source(s): Author's summary