The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
From: Structural changes, FDI, and economic growth: evidence from the Baltic states
Country | Ho: | MWALD | Country | Ho: | MWALD |
---|---|---|---|---|---|
Estonia | FDI does not Granger cause growth | 18.35*** | Lithuania | FDI does not Granger cause growth | 13.02** |
Growth does not Granger cause FDI | 22.41*** | Growth does not Granger cause FDI | 4.07 | ||
FDI does not Granger cause TOTV | 17.18** | FDI does not Granger cause TOTV | 6.78* | ||
TOTV does not Granger cause FDI | 15.12** | TOTV does not Granger cause FDI | 8.20* | ||
Latvia | FDI does not Granger cause growth | 14.33** | |||
Growth does not Granger cause FDI | 4.96 | ||||
FDI does not Granger cause TOTV | 5.55* | ||||
TOTV does not Granger cause FDI | 7.29* |