Array
I am trying to characterise temporal sequence of influences in a VAR and wanted to use the Granger Causality. Based on these results, am I right to say that the change in oil prices (Dlop) do not granger cause GDP growth (Dlrgdp) but granger causes the change in exchange rates (Dlexc) at the 5% significance level and granger causes the change in inflation rates (Dinf) at the 10% level. Does this interpretation make sense?
0 Response to Interpretation on the Granger Causality
Post a Comment