Table 9.
Pairwise Granger Causality Test
| Null Hypothesis | F-Statistic | Prob. | Decision |
|---|---|---|---|
| Agri does not Granger Cause Rpov | 2.186 | 0.129 | Accept |
| Rpov does not Granger Cause Agri | 2.790* | 0.077 | Reject |
| Lab does not Granger Cause Rpov | 0.801 | 0.458 | Accept |
| Rpov does not Granger Cause Lab | 2.495* | 0.099 | Reject |
| Rem does not Granger Cause Rpov | 0.477 | 0.625 | Accept |
| Rpov does not Granger Cause Rem | 2.221 | 0.126 | Accept |
| Govex does not Granger Cause Rpov | 9.990*** | 0.000 | Reject |
| Rpov does not Granger Cause Govex | 1.534 | 0.232 | Accept |
| Eduex does not Granger Cause Rpov | 1.164 | 0.326 | Accept |
| Rpov does not Granger Cause Eduex | 0.172 | 0.843 | Accept |
Notes: ***Indicates significant at 1% level and *Indicates significant at 10% level.