Table 6

Granger causality test

Null hypothesisObsF-statisticsp-value
WACR does not Granger Cause LNNIFTY1714.605870.0113
NIFTY does not Granger Cause LNWACR1.323220.2691
WPI does not Granger Cause LNNIFTY1712.369920.0966
NIFTY does not Granger Cause LNWPI3.245840.0414
M3 does not Granger Cause LNNIFTY1718.657000.0003
NIFTY does not Granger Cause LNM30.194640.8233
EXE does not Granger Cause LNNIFTY1718.091090.0004
NIFTY does not Granger Cause LNEXE10.17050.9836
WPI does not Granger Cause LNWACR1712.522740.0833
WACR does not Granger Cause LNWPI9.660470.0001
M3 does not Granger Cause LNWACR1712.086940.1273
WACR does not Granger Cause LNM31.067930.3406
EXE does not Granger Cause LNWACR1711.867630.1577
WACR does not Granger Cause LNEXE1.177640.3106
M3 does not Granger Cause LNWPI1711.867630.1577
WPI does not Granger Cause LNM31.177640.3106
EXE does not Granger Cause LNWPI1710.102490.9026
WPI does not Granger Cause LNEXE4.870520.0088

Source(s): Authors

[ViewLarge]
This Feature Is Available To Subscribers Only

or Create an Account

Close Modal
Close Modal