Table A2.
Granger causality test
| Null Hypothesis | F-Statistic | Prob. | 
|---|---|---|
| DLRGFDI does not Granger Cause DLRGDP | 1.17405 | 0.3483 | 
| DLRGDP does not Granger Cause DLRGFDI | 1.38580 | 0.2943 | 
| DLRMA does not Granger Cause DLRGDP | 0.75007 | 0.4971 | 
| DLRGDP does not Granger Cause DLRMA | 0.18674 | 0.8325 | 
| DLRMA does not Granger Cause DLRGFDI | 0.41677 | 0.6701 | 
| DLRGFDI does not Granger Cause DLRMA | 0.79797 | 0.4769 |